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Analysis on Pet coke import in the first half of 2014
Issue time: 2014/8/13 16:50:10     Source:

In the first half of 2014, the market of imported Pet coke was struck by adjustment of tariff, domestic environmental protection policies, and price fluctuation. So the importers had a tough time. Importers lost much confidence on imported Pet coke under deficit and import slide obviously, because that won’t make profit. Since 2009, the import of Pet coke has increased sharply. However, in 2014, it turned up a turning point. From January to June in 2014, the total quantity of imported Pet coke is 3.63 million tons, reducing by 1.08 million tons with a decrease of 22.93 percent compared to the same period in 2013.

According to statistics of Zhuochuang, in the first half of 2014, the imported Pet cokes are mainly fromAmericasand central-south Asia. Among them,U.S.is a big Pet coke supplier, providing with more than 80% Pet coke of total quantity of import. Specifically, from January to June in 2014,Chinaimported 3.12 million tons from U.S, 0.21 million tonsTaiwan, 0.15 million tonsCanada, 50 thousand tonsIndia, and 40 thousand tonsBrazil. The imported Pet coke from other countries or regions is negligible.  

In 2014, the demands of glass and cement industry towards Pet coke keep stable.

   Ministry of Environmental Protection of P.R.C. implements rewards and punishment at the same time. The fuel industry will witness a large drop in demands of Pet coke, especially Imported Pet coke. The market of imported Pet coke will step into a depressed phase. What will cause directly is that the quantity of imported Pet coke will reduce, and down-stream enterprises may see a increasing demand towards domestic low-sulfur Pet coke. In terms of the aspects of supply and demand, the effect on domestic Pet coke market is relatively favorable.