Growth of the iron & steel industry, especially in the APAC region is one of the significant factors influencing the Needle Coke market growth.
New York, April 20, 2020 (GLOBE NEWSWIRE) — The global needle coke market is expected to reach USD 5.85 Billion by 2027, according to a new report by Reports and Data. Needle coke is a high technology-intensive product and is primarily used in the production of graphite electrodes. The demand for lithium-ion batteries, mainly driven by the growing popularity of hybrid electric vehicles (HEV), battery electric vehicles (BEV), laptops, and smart devices, as well as growth of the steel industries (requiring graphite electrodes for arc furnaces), especially in the Asia Pacific region, among other factors, are causative for the growth of the market.
The new IMO 2020 regulations that came into effect from 1st January 2020 are likely to have a considerable impact on needle coke prices and supplies. The International Maritime Organization (IMO) requires ships to decrease their emissions similar to the consumption of marine fuels with a maximum sulfur content of 0.5%, well below the sulfur content of 3.5% till the last year. According to the new IMO rules, the price of low-sulfur crude oil needed for producing needle coke is anticipated to rise as a major portion of it will be consumed in marine fuels. Needle coke manufacturers would be compelled to face the increased competition for feedstock or invest in equipment to enable the use of high-sulfur oil, thereby exerting pressure on the consumers of the product.
Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/2929
In the current situation, steel companies have shown strong determination and carry on to uphold production amid the prevailing COVID-19 pandemic, which has severely affected businesses worldwide. Although steel production and related activities are covered under the Essential Commodities Act, it is a matter of concern as how long steel companies can go on producing as steel companies had bookings till March 2020 and would start facing issues to sell products from April as the majority of automotive companies and white goods producers shut down production, and hence impacting the demand for needle coke. Also, the fears of extension to the lockdown period would further rupture the production activity in many sectors comprising the electric vehicles segment.
BUY NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/2929
For the purpose of this report, Reports and Data have segmented the global needle coke market on the basis of product type, grade, application, and region:
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/needle-coke-market
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:John WatsonHead of Business DevelopmentReports And Data | Web: www.reportsanddata.comDirect Line: +1-212-710-1370E-mail: sales@reportsanddata.com
.gnwlistitemmarginbottom {margin-bottom: 10.0px !important;} .gnwtablebottommargin {margin-bottom: 10.0px !important;} .gnwcellpaddingleft0 {padding-left: 0.0px !important;} .gnwverticalaligntop {vertical-align: top !important;} .gnwtextaligncenter {text-align: center !important;} .gnwcellparagraphmargin {margin-bottom: 0px !important; margin-top: 0px !important;} .gnwverticalalignbottom {vertical-align: bottom !important;} .gnwwhitespacenowrap {white-space: nowrap !important;} .gnwtextalignright {text-align: right !important;} .gnwcellpaddingright0 {padding-right: 0.0px !important;} .gnwunderlinestyle {text-decoration: underline !important;} .gnwtextalignleft {text-align: left !important;} .gnw_ol {position: relative !important; left: 10px !important;} .gnw_ul {position: relative !important; left: 10px !important;} .gnw_table_border_collapse td {font-size: 12px !important; line-height: 1.25em !important;} .gnw_border_top_solid {border-top: solid black 1px !important;} .gnw_border_right_solid {border-right: solid black 1px !important;} .gnw_border_bottom_solid {border-bottom: solid black 1px !important;} .gnw_border_left_solid {border-left: solid black 1px !important;} .gnw_border_top_double {border-top: double black 3px !important;} .gnw_border_right_double {border-right: double black 3px !important;} .gnw_border_bottom_double {border-bottom: double black 3px !important;} .gnw_border_left_double {border-left: double black 3px !important;} .gnw_table_border_collapse {border-collapse: collapse !important;} .gnw_align_left {text-align: left !important;} .gnw_align_center {text-align: center !important;} .gnw_align_right {text-align: right !important;} .gnw_align_justify {text-align: justify !important;} .gnw_vertical_align_top {vertical-align: top !important;} .gnw_vertical_align_middle {vertical-align: middle !important;} .gnw_vertical_align_bottom {vertical-align: bottom !important;} .gnw_padding_left_none {padding-left: 0 !important;} .gnw_padding_right_none {padding-right: 0 !important;} .gnw_table_border_collapse td.gnw_align_left {padding-left: 0 !important;padding-right: 3px !important;} .gnw_table_border_collapse td.gnw_align_right {padding-left: 3px !important;padding-right: 0 !important;} .gnw_heading {font: 16px Arial; text-align: center !important;} .gnw_subhead {font: 12px Arial; text-align: center !important;} .gnw_colhead {font: 12px Arial; text-align: center !important;} .gnw_colhead_uline {font: 12px Arial; text-align: center !important; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center !important; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom !important; text-align: left !important;} .gnw_label_uline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 10.0px;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 15.0px;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 20.0px;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 25.0px;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 30.0px;} .gnw_label_dline_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 10.0px;} .gnw_label_dline_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 15.0px;} .gnw_label_dline_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 20.0px;} .gnw_label_dline_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 25.0px;} .gnw_label_dline_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 30.0px;} .gnw_label_ulinetop {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-top: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 15.0px;} .gnw_label_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 20.0px;} .gnw_label_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 25.0px;} .gnw_label_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 30.0px;} .gnw_num {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important;} .gnw_num_uline {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: solid black 1.0pt;} .gnw_num_ulinetop {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: solid black 1.0pt;} .gnw_num_dline {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: double black 2.5pt;} .gnw_num_dlinetop {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: double black 2.5pt;} .gnw_data {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; white-space: nowrap !important;} .gnw_data_uline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt;} .gnw_data_dline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt;} .gnw_news_media_box {margin-top: 15px !important; margin-left: 6px !important; margin-bottom: 6px !important; margin-right: 6px !important; border-width: 1px !important; border-color: #A9A9A9 !important; border-style: solid !important;} .gnw_media_caption {font-size: 8pt !important; font-family: Verdana, Arial, Helvetica, Geneva, Swiss, SunSans-Regular !important;} .gnw_media_bgcolor {background-color: transparent !important;} .gnw_table {border-collapse: separate !important; border-spacing: 6px !important;} .gnw_videotitle {font: bold 12px Arial !important; color: #1d5296 !important;} td.gnw_heading {font: 16px Arial; text-align: center !important;} td.gnw_subhead {font: 12px Arial; text-align: center !important;} td.gnw_colhead {font: 12px Arial; text-align: center !important;} td.gnw_colhead_uline {font: 12px Arial; text-align: center !important; border-bottom: solid black 1.0pt;} td.gnw_colhead_dline {font: 12px Arial; text-align: center !important; border-bottom: double black 2.5pt;} td.gnw_label {font: 12px Arial; vertical-align: bottom !important; text-align: left !important;} td.gnw_label_uline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt;} td.gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 10.0px;} td.gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 15.0px;} td.gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 20.0px;} td.gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 25.0px;} td.gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 30.0px;} td.gnw_label_dline_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 10.0px;} td.gnw_label_dline_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 15.0px;} td.gnw_label_dline_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 20.0px;} td.gnw_label_dline_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 25.0px;} td.gnw_label_dline_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 30.0px;} td.gnw_label_ulinetop {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-top: solid black 1.0pt;} td.gnw_label_dline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt;} td.gnw_label_i10 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 10.0px;} td.gnw_label_i15 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 15.0px;} td.gnw_label_i20 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 20.0px;} td.gnw_label_i25 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 25.0px;} td.gnw_label_i30 {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 30.0px;} td.gnw_num {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important;} td.gnw_num_uline {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: solid black 1.0pt;} td.gnw_num_ulinetop {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: solid black 1.0pt;} td.gnw_num_dline {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: double black 2.5pt;} td.gnw_num_dlinetop {font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: double black 2.5pt;} td.gnw_data {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; white-space: nowrap !important;} td.gnw_data_uline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt;} td.gnw_data_dline {font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt;} td.gnw_media_caption {font-size: 8pt !important; font-family: Verdana, Arial, Helvetica, Geneva, Swiss, SunSans-Regular !important;} td.gnw_videotitle {font: bold 12px Arial !important; color: #1d5296 !important;} ;}
Dow Jones futures fell sharply Tuesday, along with S&P 500 futures and Nasdaq futures, as President Trump tweeted about temporarily suspending immigration into the United States. Meanwhile, North Korea’s Kim Jong Un may be seriously ill, according to CNN. Four key stocks set to report earnings in the coronavirus stock market rally include FANG stock leader Netflix and Dow Jones leader Intel.
Traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. The May contract for U.S. West Texas intermediate crude oil plunged to below zero for the first time in history, settling on the day at minus $37.63 a barrel, a decline of some 305%, or $55.90 a barrel. Brent crude oil, the international standard price most often cited as the going price of a barrel of oil, also fell, down 5.27% to $26.60 per barrel.
Contracts on the S&P 500 slid as much as 1.2%, before paring their loss to 0.5% as of 6:57 a.m. in London. Futures dropped 0.4% on the Nasdaq 100 Index and 0.8% on the Dow Jones Industrial Average. The U.S. is seeking details about Kim’s health after receiving information that he was in critical condition after undergoing cardiovascular surgery last week, U.S. officials said.
That’s Howard Marks, the billionaire founder of Oaktree Capital, commenting in a CNBC interview Monday on what he sees as a huge disconnect between what the coronavirus pandemic is doing to the global economy and what we’re seeing in the stock market. It took seven years to get back to the 2000 highs in 2007. It took 5½ years to get back to the 2007 highs in late 2012,” Marks explained.
But as of last week — when U.S. oil prices tumbled to what was then an 18-year low — more than $1 billion flowed into the United States Oil Fund LP, the biggest weekly inflow on record. The ProShares Ultra Bloomberg Crude Oil exchange-traded fund saw its largest single-day increase ever, and net-long positions across a basket of oil ETFs are at the highest since at least 2016. There’s been an explosion in the ETF space for oil.
As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains. “Some companies are just not going to survive this,” says McGrail, who is the COO of one of the world’s largest asset disposition and valuation firms, Tiger Capital Group. It will be McGrail’s team — which often includes store associates of a stricken retailer — that hangs the “Everything must go” signs and works to fetch top dollar on fixtures and other inventory.
The shares of several oil stocks were trading lower Monday, after the price of oil fell significantly down to $11 per barrel as storage for the commodity runs out and demand remains depressed. Oil prices plunged 40%, the biggest one-day price plunge and many investors are jumping into investing in oil ETFs. Most active traders are now focusing on the June contract (CLM0), the most active in traded volume and open interest, Ole Hansen, Saxo Bank’s head of commodity strategy, said in a note.
Cohen’s investment firm, Point72 Asset Management, relies on a strategy that involves investments in the stock market as well as a more macro approach. This very strategy has cemented Cohen’s status as a highly respected investing powerhouse, with the guru earning $1.3 billion in 2019 thanks to a 14.9% gain in Point72′s main hedge fund. Bearing this in mind, we decided to take a page from Cohen’s playbook and look at two stocks the billionaire went in on recently.
On Monday, IBM posted quarterly revenue slightly lower than expected, but topped profit targets as sales in its high-margin cloud computing business rose 19%. The company also withdrew its 2020 annual forecast. The Final Round panel discusses the details.
Oil prices went into negative territory in afternoon trading on Monday for the first time ever. If the most closely watched gauge of oil prices is quite literally worthless, is it time to dump oil stocks? The May oil contract that went negative is the futures contract that is set to settle on Tuesday, meaning anyone who owns it will be expected to take physical delivery of 1,000 barrels of oil in May for every contract owned.
Oil prices for May delivery cratered to negative $37.63 on Monday, but one investment pro still thinks there’s an opportunity in the sector. Value investors are facing an ideal opportunity as the energy sector once accounted for 70% of the entire S&P 500 index when oil was around $100 a barrel, BK Asset Management managing director of FX strategy Boris Schlossberg said on CNBC’s “Trading Nation.” Today, that representation amounts to just 3%.
The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity. The contract for West Texas intermediate crude, or WTI, is the benchmark for U.S. crude oil prices. On Monday, it looked like this: https://fingfx.thomsonreuters.com/gfx/mkt/xklvyyygvgd/Pasted%20image%201587417553895.png Such a steep drop in the oil benchmark prompted strong reactions beyond trading floors.
As if things weren’t bad enough for the auto industry, now used-car prices are cratering. That creates more pressure in several areas of the automotive value chain. The Manheim Used Vehicle Value Index—a key benchmark for industry pricing—has declined about 11% compared with March and is down roughly 10% year over year.
Another major Boeing 737 Max jet buyer has canceled about a third of its orders for the beleaguered jet and deferred deliveries for 20 of the jets it still wants until between 2024 and 2026. The orders were canceled by CDB Aviation, a Chinese aircraft leasing company owned by the China Development Bank Leasing Co. Ltd., a publicly listed company whose shares trade on the Hong Kong Stock Exchange. CDB’s cancelation and related delivery deferral were disclosed in a securities filing in Hong Kong that did not describe the financial terms of CDB’s agreement with Boeing.
Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading. The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory — minus $37.63 a barrel. The reason: with the pandemic bringing the economy to a standstill, there is so much unused oil sloshing around that American energy companies have run out of room to store it.
Value has not outperformed growth since the bull market high on Feb. 19. In fact, it’s significant: One of the strongest arguments from the value-over-growth camp had been that value would finally have its day during a bear market. Value has lagged growth since the bull market high on Feb. 19, as you can see from the chart below.
The major U.S. airlines will begin reporting first quarter earnings this week, and it won’t be pretty. The trade group Airlines for America (A4A) warns COVID-19 has “decimated” airline passenger volume and the carnage will continue. A4A says the major carriers have been able to finance billions of dollars in new credit in addition to the billions each of them will receive from the U.S. Treasury under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Stocks tumble after crude oil trades negative for the first time ever. Yahoo Finance’s Jared Blikre joins Jen Rogers to break down the day’s price action, along with a Yahoo Finance Premium Investment Idea to short Orange S.A. ORAN for a potential 5 to 1 reward risk ratio.
U.S. manufacturers such as 3M Co. shipped millions of face masks to China in January and February — and were encouraged to do so by the Trump Administration, which later criticized the exports when shortages in the United States became clear. That’s according to a new report by the Washington Post, which details how the U.S. Commerce Department promoted the export of N95 respirators and other key protective equipment to China in the early months of the year. The value of masks shipped from the U.S. to China grew by more than tenfold during those months, from $1.4 million to $17.6 million.
The biggest driver of a massive rally for Apple Inc.’s stock could be something that may not sound particularly exciting for investors. Evercore ISI analyst Amit Daryanani recently unpacked his $500 “upside case” for the stock’s price, and homed in on what could be the major catalyst: margin expansion. The prospect of expanding product gross margins would come as services like the App Store and Apple Music become a greater contributor to Apple’s overall business.