【Calcined Petroleum Coke】Stable Prices with Sales Under Pressure

Market Overview

As of May 20th, the market price for calcined petroleum coke (cpc) in China remains stable at 2274 yuan/ton. The overall sales of low-sulfur calcined coke are under pressure, with most companies maintaining low production rates due to a lack of support from the supply and demand sides. Prices for medium to high-sulfur calcined coke remain stable as companies fulfill May orders. However, some companies report average sales due to supply and demand influences, with two companies in Hebei and Shandong beginning coke production, affecting daily output by 700 tons.

Current Prices

Low-sulfur calcined coke: 3400-3700 yuan/ton (Jinxi, Jinzhou), 4950-5100 yuan/ton (Fushun), 3150-3400 yuan/ton (Liaohe, Binzhou Zhonghai).

Medium-high sulfur calcined coke: 2050-2100 yuan/ton (S<3.0%), 1880-1950 yuan/ton (S<3.5%), 2350-2400 yuan/ton (S<3.0%, V<400).

Supply Situation

The current daily supply of commercial calcined coke is 27,565 tons with an operational rate of 65.19%, marking a 2.61% increase in supply compared to the previous working day.

Upstream Market

Petroleum Coke: The market for petroleum coke remains average with some refineries under shipment pressure, adjusting prices down by 20-70 yuan/ton. A few refineries have adjusted their specifications, increasing prices by 120 yuan/ton.

Downstream Market

Graphite Electrodes: The market shows mixed signals, with prices varying and insufficient support from demand.

Electrolytic Aluminum: Influenced by international markets and domestic policies aimed at boosting the real estate sector, aluminum prices have risen.

Anode Materials: Demand from battery manufacturers is increasing, but due to overcapacity, prices remain low and stable.

Market Outlook

Due to raw material prices, some low-sulfur calcined coke models may see a price decrease of around 100 yuan/ton. Medium to high-sulfur calcined coke prices are expected to remain stable with minor adjustments based on supply and demand improvements. For more information on the calcined petroleum coke market, feel free to contact us!