Low sulfur coke shipment under pressure, medium and high sulfur petroleum coke general trading  

At present, the overall shipment of petroleum coke market is differentiated. Due to the high price of low-sulfur petroleum coke for a long time, downstream enterprises have low enthusiasm to receive goods, and refinery inventory is increased, which is unfavorable for petroleum coke price; Graphite electrodes produced from low-sulfur petroleum coke are supplied throughout whole year. 

At the beginning of the month, downstream enterprises capital pressure was relieved and the market conducted replenishment operations. The shipment of medium and high sulfur market was acceptable, and the price of some coke was up. At present,  petroleum coke price of some refineries under Sinopec has increased by 10-70 yuan/ton. Petroleum coke overall performance in PetroChina's refineries is general. Some low sulfur petroleum coke price has decreased, with a range of 20-600 yuan/ton. The current coke price of some refineries under CNOOC has decreased by 50-250 yuan/ton. Petroleum coke shipment from local refineries is acceptable, and most prices have increased by 50-350 yuan/ton.

At present, the overall shipment of local refined petroleum coke market has improved, and some refineries' coke price has risen by 50-350 yuan/ton. At present, in order to reduce costs, some local refineries purchase low-cost crude oil for production, and the petroleum coke index becomes worse. There are more petroleum coke resources with high vanadium (vanadium above 500ppm) in the market, and the supply of petroleum coke with good indexes is still tight; At the beginning of the month, the downstream carbon enterprise capital pressure was relieved, in addition, enterprises' raw petroleum coke inventory is low for a long time. Some enterprises replenish their stocks, which is beneficial to the petroleum coke market. At present, the three departments have printed and issued the implementation plan of carbon peak in the industrial field, adhere to the total capacity constraint of electrolytic aluminum, and the rate of increasing production may be slowed down. In addition, the tension between China and the United States has increased the risk aversion of the market, and the spot price has rebounded compared with last week. 

Low sulfur petroleum coke: low sulfur coke market price drops, downstream demand performance is mixed. Low sulfur coke market prices are expected to hold steady next week. Medium and high sulfur petroleum coke: crude oil and electrolytic aluminum market are weak, and some aluminum enterprises suffer losses. With the rising price of petroleum coke, downstream carbon enterprises are in a strong wait-and-see mood and mainly purchase on demand.  Next week, medium and high sulfur petroleum coke is expected to remain overall stable, and some coke prices will fluctuate, with a range of 50-200 yuan/ton. Follow us, read more reports of the Petroleum Coke Industry.