Major petroleum coke prices stable, some refinery coke prices up, local coke prices mixed

Major petroleum coke prices remain stable, some refinery coke prices up, local coke prices mixed

On July 4, 2022, petroleum coke shipments were good, and local coke prices rose generally. Petroleum coke market average price was 4780 yuan/ton. Part of the coke prices of main refineries rose and fell, and local coke prices generally rose. The price of graphite electrode for EAF/LF is stable. 

In terms of Sinopec, North China Yanshan Petrochemical and Cangzhou Refinery petroleum coke shipments are stable, and the production and sales are balanced. Tianjin Petrochemical petroleum coke is partially exported, and the shipment is based on 5# petroleum coke. PetroChina's Northeast region has a good trading at present. The coking unit of Daqing Petrochemical will be shut down for maintenance on July 4, and the maintenance is expected to take 15 days. Northwest China Dushanzi Petrochemical petroleum coke price was reduced by 200 yuan, to 3#C was 4220 yuan/ton, 4#A was 4200 yuan/ton, and the price of other refineries was temporarily stable. CNOOC's refinery petroleum coke is running smoothly at present.

In terms of local refineries, from weekend to now, petroleum coke market overall shipment has been in good condition. Part of coke prices increased by 30-300 yuan/ton, at the beginning of this month, the capital pressure of downstream carbon enterprises is relatively small, and the stock of raw petroleum coke is low, they actively purchase and stock up. In terms of imported petroleum coke, the petroleum coke storage at port maintains a high level, and the overall shipment is average.

At the beginning of the month, downstream enterprises' capital pressure has eased, and the enthusiasm for receiving goods is higher. It is expected that the price of some low-cost petroleum coke will continue to rise by 50-100 yuan/ton tomorrow. To read more about petroleum coke, feel free to contact us.