【Graphitized Carburant】Market Prices Drop Again

Price Overview:

Recently, the price of graphitized petroleum coke (gpc) carburant with specifications of C≥98.5%, S≤0.05%, and granularity of 1-5mm has been around 3700-3900 RMB/ton (including tax) in East China.

Raw Material Market:

Local refinery coke prices have fluctuated slightly, ranging from a 10-160 RMB/ton change. Most refinery coke prices have remained stable.

Petroleum coke prices have also been generally stable, with some fluctuations in response to market conditions. The overall downstream market sentiment for petroleum coke is pessimistic, with enterprises mainly purchasing as needed. In the short term, the Chinese petroleum coke market is expected to remain weak and stable, with some prices continuing to fluctuate narrowly.

Supply and Demand Dynamics:

Graphitized carburant manufacturers have recently increased their operating rates. However, demand remains weak, resulting in an oversupply in the market, making it difficult for prices to rise.

On the demand side, inventory levels of finished steel products are decreasing as production increases, with construction material inventories remaining historically low. However, with the off-season approaching, market sentiment is cautious, and downstream end-users are restocking only as needed, with speculative demand fading. Overall transaction volumes are weak, and supply-demand pressure is increasing, although not significantly. Short-term steel prices are expected to continue narrow adjustments.

Market Feedback and Outlook:

Feedback from graphitized carburant manufacturers indicates that steel mills are not actively restocking raw materials, and weak demand limits market bargaining power.

In the near term, weakening cost and supply-side support has led to a decline in graphitized carburant prices. With downstream demand running weak, prices for graphitized carburant are likely to stabilize. Welcome to contact us for the latest news on GPC market!