【Carbon Market Update】Petroleum Coke, Calcined Petroleum Coke Prices Continue to Fall ...

【Carbon Market Update】Petroleum Coke, Calcined Petroleum Coke Prices Continue to Fall; Graphitized Carburant Edges Down; Graphite Electrode Remains Stable

 Petroleum Coke

Muted Downstream Demand; Petroleum Coke Market Performs Moderately

On May 12, the average price of petroleum coke was RMB 2,729/ton in China, down RMB 13/ton from the previous day.
Prices of petroleum coke from independent refineries fluctuated slightly—some increased, others decreased.
Sales of imported coke were poor, and port inventory digestion was slow.
Carbon producers for aluminum maintained stable demand, while anode material manufacturers slowed procurement.
In the short term, prices at major refiners are expected to continue declining, while independent refineries may mainly stabilize with minor fluctuations. (Source: Baiinfo)

Needle Coke Market Steady and Observant; Weak Trading Activity

On May 12, Chinese needle coke market remained weak and stable. The average price for domestic needle coke was RMB 7,936/ton, while imported needle coke ranged from USD 600 to 1,350/ton.
Upstream raw materials like slurry oil and coal tar pitch saw stable to rising prices, while graphite electrodes and anode materials remained price-stable.
Needle coke prices are expected to continue declining, with green coke ranging from RMB 5,800–6,200/ton and Calcined Petroleum Coke ranging from RMB 7,500–8,200/ton. (Source: Baiinfo)

Calcined Petroleum Coke

Negative Raw Material Impact; Cautious Downstream Market Sentiment Increases

On May 12, the average market price of calcined petroleum coke was RMB 3,112/ton in China, down RMB 29/ton from the previous working day.
Low-sulfur calcined petroleum coke continued to show weakness, with some prices following the decline; downstream purchasing interest remained low.
Mid-to-high sulfur calcined petroleum coke remained sluggish, with general purchasing sentiment and pressured trading.
The weakening of petroleum coke prices has eroded cost support for graphite electrodes, and mainstream electrode enterprises remain cautious.
Anode material prices are temporarily stable, with battery manufacturers purchasing mainly on a need-only basis.
Low-sulfur calcined petroleum coke prices are expected to continue declining. Mid-to-high sulfur calcined petroleum coke suppliers still face pressure to move product.  (Source: Baiinfo)

Carburant

No Market Stimulus; Graphitized Carburant Prices Edge Down

On May 12, Chinese graphitized carburant market remained weak, with a mainstream reference average price of RMB 3,550/ton, and partial price undercutting.
Market supply was abundant, production levels stable, and most manufacturers operated based on orders.
Mid-to-high sulfur calcined petroleum coke remained weak, with transaction prices at low levels.
Steel prices dropped, and actual downstream demand was poor, with weak terminal restocking enthusiasm.
Graphitized carburant prices are expected to continue their weak trend. (Source: Baiinfo)

Domestic Carburant Price Range on May 12

The above prices are tax-inclusive and based on weighed measurement. Unit: RMB/ton.
For reference only, not investment or trading advice.

Graphite Electrode

Ongoing Cost Pressure; Graphite Electrode Market Remains Stable and Consolidating

On May 12, graphite electrode prices ranged from RMB 14,000 to 21,900/ton in China, unchanged from the previous working day.
Prices of upstream low-sulfur petroleum coke continued to decline, weakening the cost support for graphite electrode production.
Downstream steel mills issued fewer tenders and remained cautious in procurement, purchasing mainly based on rigid demand.
In the short term, the mainstream graphite electrode market is expected to remain stable with limited price fluctuations. (Source: Baiinfo)

Domestic Graphite Electrode Price Range on May 12

The above prices are tax-inclusive and based on weighed measurement. Unit: RMB/ton.
For reference only, not investment or trading advice.

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