Demand for calcined coke continues to be firm; however recently, there have been signs of the market softening. There has been little spot market activity as the market is being balanced by smelter production cuts and imports of calcined coke and anodes from China. Overall, the market is quiet as the majority of negotiations for Q2 have already been concluded. Calcined coke prices have remained somewhat stable between Q1 and Q2 with some customers switching from quarterly to half yearly pricing arrangements. Q2 calcined coke prices for both the US Gulf and Europe settled around $440-470/t and $450-480/t respectively.
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