Semester Pricing Handbook (SPH) Q2
For our Black China subscribers who also receive the SPH, you’ve already seen the latest quarter’s data that was released recently. But for the rest of our blog readers, here is a very brief summary of the data intense SPH Q2 report:
The new pricing mechanism of refined oil products in China along with the weak demand from downstream industries impacted profit margins of local refineries thus reducing total green petroleum coke output. Demand from the aluminium industry was relatively stable with a slight increase in the 2nd quarter, which led to an increase in carbon anode consumption. Decreased anode grade petroleum coke and expanding calcining capacities put existing calciners between a rock and a hard place, having to accept the climbing GPC prices and falling CPC prices.
The SPH is a quarterly GPC & CPC tool. We know that many of you have to trawl through numerous reports and studies to extract the information you need to make purchasing decisions. So we thought we would do it for you. Hopefully the SPH can free you from the task of extracting data, giving you more time to analyse data and make good decisions. Let us know if you’d like a sample: enquiries@az-china.com
0