【Calcined Petroleum Coke Market】Stable Trading, Price Increases for Some Products

Market Overview

On December 4, the average price of calcined petroleum coke was 2,357 CNY/ton, remaining steady compared to the previous working day. The low-sulfur calcined petroleum coke market showed moderate trading activity. Due to tight supply of low-sulfur petroleum coke, domestic petroleum coke prices have been rising, with low-sulfur calcined petroleum coke prices following suit. Transactions in the market are mostly settled through negotiation. The middle-to-high sulfur calcined petroleum coke market has seen steady sales, with some companies raising their prices. In Shandong, one company resumed production after maintenance, expecting to increase daily output by around 300 tons by Friday.

Key Regional Market Transaction Prices

1. Low-sulfur calcined petroleum coke (using Jinxi or Jinzhou petroleum coke as raw material) main transaction prices are between 3,650-3,950 CNY/ton.

2. Low-sulfur calcined petroleum coke (using Fushun petroleum coke as raw material) ex-factory prices range from 4,500-4,750 CNY/ton.

3. Low-sulfur calcined petroleum coke (using Liaohe or Binzhou Zhonghai petroleum coke as raw material) main transaction prices are around 3,700-4,000 CNY/ton.

4. Middle-to-high sulfur calcined petroleum coke (sulfur 3.0%, no trace element requirements) previously had an ex-factory contract price of 1,950 CNY/ton, and the current price for negotiations is around 1,950-2,050 CNY/ton.

5. Middle-to-high sulfur calcined petroleum coke (sulfur 3.5%, no trace element requirements) previously had an ex-factory contract price of 1,750-1,850 CNY/ton, and the current price for negotiations is 1,750-1,850 CNY/ton.

6. Middle-to-high sulfur calcined petroleum coke (sulfur 3.0%, vanadium 400) previously had a contract price of 2,500-2,600 CNY/ton, and the current price for negotiations is 2,500-2,600 CNY/ton.

Supply Overview

Currently, the daily supply of commercial calcined petroleum coke nationwide is 27,358 tons, with an operating rate of 62.47%. The supply volume has increased by 0.05% compared to the previous working day.

Upstream Market

Petroleum coke: Sinopec refineries have maintained stable prices, with abundant downstream orders for anode materials. The petroleum coke supply for anode material is stable, with refineries in the Jiangsu region mainly supplying anode materials. Refineries in North China are also trading at stable prices. Currently, PetroChina refineries are in good shape, and the supply of low-sulfur coke from Northeast refineries is limited, with active downstream purchasing. Refineries in the Northwest mainly provide aluminum-grade coke.

Downstream Market

Graphite Electrodes: Inquiries for graphite electrodes are relatively good, but actual transaction prices are currently mixed, with companies negotiating actual deals. As a result, businesses are cautious about pricing, leading to slower overall transactions. Market activity remains stable with minor price fluctuations.

Aluminum: According to the Passenger Car Association, the sales of new energy passenger vehicles in November increased by 51% year-on-year and 6% month-on-month, indicating optimistic car consumption, which has contributed to a rise in the spot aluminum price.

Anode Materials: The anode material market has seen relatively stable trading, with increasing downstream procurement as terminal demand gradually recovers. However, due to limited orders in the market, competition remains fierce. Small and medium-sized anode material companies continue to face survival pressure due to technical constraints and financial issues.

Market Outlook

The calcined petroleum coke market is expected to remain stable, with Baichuan Yifu forecasting that some calcined petroleum coke prices may increase in line with raw material price adjustments.

(Source: Baiinfo)

Feel free to contact us anytime for more information about the cpc market. Our team is dedicated to providing you with in-depth insights and customized assistance based on your needs. Whether you have questions about product specifications, market trends, or pricing, we are here to help.