BLACK CHINA BLOG


SHANXI, Sep 26, 2008 (SinoCast via COMTEX) — Himadri Chemical & Industries Ltd., the largest coal tar processing group in India, inked a cooperation agreement recently to set up a joint venture in Xiaoyi, Shanxi Province in China. The Indian company will invest CNY 100 million in an existing Chinese company.   The deal is waiting […]

By: Paul Adkins | Read More

Green coke Last week the domestic Green coke market price continued to weaken.    The inventory level of moderate sulphur green coke conitnued to rise, so suppliers had no choice but to lower the price.   Prices dropped between 140-250RMB/Ton, a much bigger drop than previous weeks.    High sulphur green coke price dropped 50-270 RMB/Ton last week. The market price of […]

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Sichuan Aostar aluminum has reportedly cut one third of its production from this week due to the market slump.    It loses RMB2000 per ton of aluminum production at the current market price of RMB15,500.    Aostar’s annual aluminum production capacity is 125,000 ton.    It will shut down 50,000 ton.       In addition, the smelter has a self-supplied […]

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Green coke Last week low sulphur coke (1A, 1B) price took a big step down, dropping 150-200RMB/Ton.   Inventory levels have remained high and show no prospects of droppling.    Last week, Daqing restarted, though product is not yet ready for sale.   Moderate sulphur coke (2A, 2B, 3A) dropped up to 280RMB/Ton, due to the same problems as for low sulphur coke.    Shengli […]

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Green coke prices continued to fall last week.   Fushun refinery, which produces low sulphur coke has now dropped prices by RMB800 in two weeks.   Medium-sulphur coke prices suffered less, but it’s clear that individual refineries are constantly adjusting their position relative to each other.   All the signs are that the refineries themselves are not quite […]

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Please welcome Charlene Qu to the AZ China team.   Charlene joins us as a market analyst, and comes to us with a stong background in researching and analysing the Chinese market.   The team is Paul Adkins, Jenny Chen – Market Analyst, Charlene Qu – Market Analyst, Sara Medici – Marketing.   In addition, we have the rest of the […]

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