Raw materials market is stable, calcined coke prices remain at a higher level

Market review: On May 12, the overall calcined coke market trading was general and the price remained stable at a high level. Raw material petroleum coke  price also remained high. At present, market supply is still tight, coke prices remain high, providing good support to the cost side. At present, the demand for smelting EAF / LF furnace steel with graphite electrode (low sulfur petroleum coke as raw material) is increasing. In terms of low sulfur calcined coke, some enterprises in Huludao, Northeast China reflect the shipment performs well, while some enterprises in Fushun reflect the delivery is general and downstream enterprises are cautious in receiving goods; Medium and high sulfur calcined coke market price is stable, and market trading slows down.

May 12, 2022, calcined coke market prices:

1. The mainstream average transaction price of low sulfur calcined coke (Fushun petroleum coke as raw material) was 13000 yuan/ton;

2. The mainstream average transaction price of low sulfur calcined coke (Jinxi petroleum coke as raw material) was 13000 yuan/ton;

3. The mainstream average transaction price of medium and high sulfur calcined coke was 6800 yuan/ton.

Market forecast: At present, raw petroleum coke price is stable, the new production and resumption of downstream aluminum enterprises are gradually increasing, the operating rate remains high, and the demand side support  continues to be improved. The calcined coke price is expected to remain stable in the short term, and some prices will be adjusted with the market. Communicate with us to learn more about the calcined coke market analysis.