【Market Update】Petroleum Coke Steady Trade，Selective Purchases of Calcined Coke

1. Petroleum Coke Market Overview

During the week of May 13-17, the Chinese petroleum coke market experienced steady trade activity. Overall, prices remained stable with minor fluctuations. While some refiners reported slowed sales, the trade environment for low-sulfur petroleum coke remained favorable, particularly due to increased demand from the aluminum sector, which is ramping up production. The market for low-sulfur petroleum coke for graphite electrodes saw a price reduction, reflecting low production rates. Medium and high-sulfur coke prices experienced slight variations. It is expected that the supply of petroleum coke may slightly decrease next week, with prices remaining mostly stable with minor adjustments.

2. Calcined Coke Market Overview

This week, the calcined coke market saw moderate trading activity. The low-sulfur calcined coke segment experienced lukewarm buying sentiment due to weak demand from end-user steel mills, putting pressure on companies to sell. The medium and high-sulfur calcined coke market maintained stability with ongoing orders and minimal selling pressure. Prices for low-sulfur calcined coke ranged between 3400-3800 CNY/ton, while medium and high-sulfur calcined coke prices varied between 1950-2500 CNY/ton. Demand from the aluminum industry supported the market, but low operating rates in the steel sector provided insufficient support for calcined coke. It is anticipated that the calcined coke market might see slight downward adjustments next week. For more information on the petroleum coke market, feel free to contact us.