According to the statistics from China Customs, China imported around 103,500t of pet coke (S<3.0%) in H1 2016, up by 124.2% year on year. The imports in June reached about 139,000t, down by 16.6% MOM while up by 162.6% YOY. China’s pet coke (S<3.0%) imports have continued to decrease in the past three months. Due to increasing demand for the American pet coke from India, prices for America-imported pet coke moved up in May and June, and average CIF prices for America-imported pet coke (S<3.0%) climbed from USD75/mt in April to USD87/mt in June. However prices for the material fell back in China from late May to late June based on sufficient supply, which was in contrast with the situation in the overseas market. Therefore, domestic traders reduced imports with cautions attitudes to make purchases. According to the statistics from China Customs, imports of pet coke (S<3.0%) respectively reached 100,000t and 1.84million toms from the United States and Kazakhstan, down by 27.2% MOM and 81.9%MOM while the figure from Russia Federation reached 13,400t during the month, up by 88.2%MOM. Imports from Argentina were 24,900t in June, which were zero in May.
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