Introduction:
The international petroleum coke market has become more brisk after the global economic crisis. The global petroleum coke consumption pattern has also changed greatly after it recovered from the economic downturn.
In 2011, the European debt crisis has not faded out. The US debt crisis is worsening. However, China is well on its way to economic recovery. It is also the first year when it starts to implement its “Twelfth Five-Year Plan” (2011-2015).
Against such an economic backdrop, China’s green petroleum coke (GPC) market saw great increases in production, imports and exports.
Meanwhile, the market also suffered from the tightening money policies from the Chinese government as well as US’s quantitative easing monetary policy.
Highlights:
1. Why did GPC output linger high in 2011?
2. What were the impacts on the carbon industry, the electrolytic aluminum industry and the silicon industry from the government’s environment-protection and emission-reduction policies?
3. Why did GPC imports rise greatly in 2011? How many import margins did the importers gain?
4. Why did CPC exports increase sharply in 2011?
5. What will become of China’s GPC supply pattern in 2011-2015, when the government carries out the targets set in the “Twelfth Five-Year Plan”?
Features:
1. Introduction to China’s petroleum coke consumption, output, imports and exports over the past five years
2. Analyses on petroleum coke price trends, production margins, import margins and export margins.
3. Forecast of petroleum coke demand, output, imports and exports for 2012-2016
4. Introduction to China’s petroleum coke major producers and their production
5. Review and forecast on calcined petroleum coke and downstream related industries
6. Updates on hot issues in China’s petroleum coke market in 2011
Table of Contents
1. OVERVIEW
2. CHINA’S GREEN PETROLEUM COKE MARKET REVIEW
2.1 Consumption
2.1.1 Consumption in 2011
Table: China’s GPC Apparent Consumption for 2011
2.1.2 Consumption Review over the Past Five Years
Chart: China’s GPC Apparent Consumption (2007-2011)
Chart: China's GPC Apparent Consumption & GDP Elasticity (2007-2011)
2.2 Production
2.2.1 GPC Production in 2011
Chart: China’s Monthly GPC Production (2010-2011)
Chart: CDU Operating Rates of Major Chinese Refineries in 2011
Table: Coker Maintenance of Major Chinese Refineries in 2011
Chart: Coker Run Rates of China’s Independent Refineries in 2011
2.2.2 Production Review over the Past Five Years
Chart: China’s GPC Production (2007-2011)
Chart: Change in GPC Output Ratio (2007-2011)
2.2.3 Major Domestic GPC Producers
Chart: China’s GPC Yields in 2011 – by Ownership
2.3 China’s GPC Imports
2.3.1 Major GPC Suppliers to China
Chart: Major Sources of GPC Imported into China (2011)
2.3.2 Main Destinations for GPC Imports
Chart: Major Destinations of GPC Imported into China (2011)
2.3.3 GPC Major Importers in China
Chart: China’s Top 10 GPC Importers (2011)
2.3.4 GPC Import Trend over the Past Five Years
Chart: China’s GPC Import Trend (2007-2011)
2.4 GPC Exports
2.4.1 Major GPC Export Destinations
Chart: Major Destinations for China's GPC Exports (2011)
2.4.2 Exports by Customs
Chart: China’s GPC Exports - by Customs (2010)
2.4.3 GPC Exports by China’s Major Suppliers
Chart: GPC Exports by China’s State-Owned Oil Companies (2011)
2.4.4 GPC Export Trend over the Past Five Years
Chart: China’s GPC Export Trend (2007-2011)
3. GPC PRICES AND MARGINS IN 2011
3.1 GPC Price
3.1.1 Price Trend of High-Sulfur, Mid-Sulfur and Low-Sulfur GPC
Chart: Price Trend of High-Sulfur, Mid-Sulfur and Low-Sulfur GPC in China (2011)
3.1.2 GPC Price vs. International Crude Benchmarks
Chart: China’s GPC Price vs. WTI, Brent Crude Benchmarks (2009-2011)
3.1.3 Spread between GPC, Fuel Oil and Bitumen
Chart: Price Comparison: GPC vs. LSHV NO. 250 Fuel Oil and Heavy-Duty Paving Bitumen (2009-2011)
3.2 Production, Import & Export Margins
3.2.1 Coking Margins
Chart: Refining Margins of Delayed Cokers at Independent Refineries (2009-2011)
3.2.2 GPC Import Margins
Chart: GPC Import Margins in China (2009-2011)
3.2.3 GPC Export Margins
Chart: GPC Export Margins in China (2009-2011)
4. CHINA’S GPC MARKET OUTLOOK
4.1 GPC Demand
4.1.1 Consumption Forecast for 2012
Table: China's GPC Apparent Consumption Forecast (2012)
4.1.2 GPC Consumption Forecast (2012-2016)
Chart: China’s GPC Apparent Consumption Forecast (2012-2016)
4.2 GPC Production
4.2.1 Forecast on GPC Production Mix in 2012
Chart: China’s GPC Production Forecast (2012) – by Ownership
4.2.2 GPC Production Forecast (2012-2016)
Chart: China’s GPC Production Forecast (2012-2016)
4.3 GPC Imports Forecast
Chart: China’s GPC Imports Forecast (2012-2016)
4.4 GPC Exports Forecast
Chart: China’s GPC Exports Forecast (2012-2016)
5. CHINA’S GPC PRODUCTION CAPACITY
5.1 Status Quo
5.1.1 China’s GPC Production Capacity by Region
Chart: China’s GPC Production Capacity by End 2011 – by Region
5.1.2 GPC Production Capacity by Ownership
Chart: China’s GPC Production Capacity by End 2011 – by Ownership
5.1.3 Review of GPC Production Capacity in 2007-2011
Table: New/Expansion Projects of Delayed Cokers in China (2011)
Chart: Growth in China’s GPC Production Capacity (2007-2011)
5.2 Capacity Forecast
Chart: Forecast of China’s GPC Production Capacity by End 2012– by Ownership
Chart: China's Delayed Coker Capacity Forecast (2012-2016)
6. CALCINED PETROLEUM COKE MARKET IN CHINA
6.1 CPC Consumption in China
Table: China's CPC Apparent Consumption in 2011
6.2 CPC Production in China
6.2.1 CPC Production
Chart: China’s CPC Output in 2010-2011
6.2.2 CPC Production Capacity
Chart: CPC Production Capacity in China (2011)
Table: New/Expansion Projects of CPC Production Facilities in China (2011)
6.2.3 CPC Production over the Past Five Years
Chart: China’s CPC Production (2007-2011)
6.3 CPC Imports in China
6.3.1 China’s CPC Imports in 2011
Chart: China’s Monthly CPC Imports (2010-2011)
6.3.2 China’s CPC Imports (2007-2011)
Chart: China’s CPC Imports (2007-2011)
6.4 CPC Exports
6.4.1 China’s CPC Exports in 2011
Chart: China’s CPC Monthly Exports (2010-2011)
6.4.2 China’s CPC Exports over the Past Five Years
Chart: China’s CPC Exports (2007-2011)
6.5 CPC Price & Margins
6.5.1 CPC Prices
Chart: CPC Price Trend in China (2011)
6.5.2 CPC Production Margins
Chart: Margins for CPC Production in China (2008-2011)
6.6 China’s CPC Market Outlook
6.6.1 CPC Consumption Forecast in 2012
Table: China's CPC Apparent Consumption in 2012
6.6.2 CPC Demand Forecast in 2012-2016
Chart: China’s CPC Consumption Forecast (2012-2016)
7. DOWNSTREAM SECTORS OF PETROLEUM COKE INDUSTRY
7.1 Aluminum Industry
Chart: Aluminum Ingot Price vs. GPC Price in China (2011)
7.2 Prebaked Anode for Aluminum Electrolysis
Chart: Margins for Prebaked Anode Production (2010-2011)
7.3 Industrial Silicon Industry
Chart: Price Comparison: Industrial Silicon vs. GPC in China (2010)
7.4 Steel & Graphite Electrode Industry
7.5 Glass Industry
8. RELATED PETROLEUM PRODUCTS
8.1 Crude Oil
8.1.1 Apparent Consumption in 2011
8.1.2 Apparent Consumption over the Past Five Years
8.1.3 Crude Oil Price Movements in 2011
8.2 Distillates Products
8.2.1 Gasoline Consumption in 2011
8.2.2 Gasoline Demand & Supply over the Past Five Years
8.2.3 Forecast of Gasoline Demand & Supply in 2012-2016
8.2.4 Gasoil Consumption in 2011
8.2.5 Gasoil Demand & Supply over the Past Five Years
8.2.6 Forecast of Gasoil Demand & Supply in 2012-2016
8.3 Fuel Oil
8.3.1 Fuel Oil Consumption in 2011
8.3.2 Fuel Oil Supply and Demand in the Past Five Years
8.3.3 China's Fuel Oil Supply and Demand Forecast in 2012-2016
9. HOT ISSUES IN PETROLEUM COKE MARKET IN 2011
9.1 Sinopec’s Latest Corporate Standards for High-Sulfur GPC
9.2 Government Suspends Approval for Electrolytic Aluminum New Projects
9.3 EU’s Anti-Dumping Investigation into Graphite Electrode Originating from China
9.4 CHALCO Embarks on GPC Trading
9.5 East China’s Shutdown of CPC Plants over Environmental Concerns
9.6 Brisk Export Market Spurs up China’s Fever on CPC Production Facility Construction
9.7 Impacts on GPC Exports from Formosa’s Series of Fires
9.8 China’s Cancellation of Preferential Duty for Calcined Needle Coke Imports
9.9 China’s Tight Monetary Policies
APPENDICES
A1. China’s GDP Growth in 2007-2011
A2. China’s Supply/Demand Balance Sheet for Main Petroleum Products (2011)
A3. China's Top 10 State-Owned GPC Producers in 2011
A4. China's Top 10 Independent Refineries in GPC Output in 2011
A5. China's Top 10 Refineries in GPC Production Capacity by End 2011
A6. China's GPC Output by Region in 2011
A7. China's Petroleum Coke Imports by Region in 2011
A8. China's Petroleum Coke Imports by Source in 2011
A9. China's Petroleum Coke Exports by Region in 2011
A10. China's Petroleum Coke Exports by Destination in 2011
A11. China’s Major Crude Production Regions in 2011
A12. China’s Top 20 Refineries’ Crude Throughput in 2011
A13. China’s Gasoline Production by Region in 2011
A14. China’s Gasoil Production by Region in 2011
A15. China’s Fuel Oil Production by Region in 2011
