Low sulfur calcined petroleum coke market performed well, medium and high sulfur traded well

Low sulfur calcined petroleum coke market performed well, medium and high sulfur calcined coke traded well

This week, China's calcined petroleum coke market transaction has improved. The biggest driving force is that the price of raw petroleum coke stopped falling and resumed rising, and the market trading mentality has changed significantly; Petroleum coke is the main raw material for the production of artificial graphite products and carbon products for electrolytic aluminum. This week, the price of low sulfur calcined petroleum coke fell, while the price of medium and high sulfur calcined petroleum coke was temporarily stable and is expected to rise. 

The demand for calcined petroleum coke increased, and the demand for calcined petroleum coke by anode material graphitization remained strong. The shortage of carbon market power supply has been alleviated, and enterprises have gradually resumed production, but their consumption enthusiasm is not high; In the carbon market for steel making, the production of EAF steel plants has gradually resumed, but the overall market is mainly wait-and-see, lacking support for the low sulfur calcined petroleum coke market.

This week, the overall shipment of petroleum coke market improved, and refineries' coke prices mixed. After the price of low sulfur petroleum coke continued to decline, some refineries' shipment situation improved, and the coke price began to rise; The overall shipments of the main medium sulfur and high sulfur petroleum coke market were stable. Due to the impact of tax investigation, some local refineries reduced the load of coking units, and the market supply decreased slightly compared with the previous period. This week, petroleum coke from Sinopec refineries was traded at a stable price, and petroleum coke price from Sinopec refineries fluctuated, among which, Northeast China petroleum coke trading is in general, and Northwest China shipment performs well. Coke prices of CNOOC's refineries all rose this week, with a range of 400-500 yuan/ton. Coke prices of local refineries fluctuate, ranging from 50-250 yuan/ton.

This week, high sulfur calcined petroleum coke market inventory was at a low level, and low sulfur calcined petroleum coke market inventory was at a medium high level.

The price of low sulfur petroleum coke has increased significantly, and downstream enterprises have resumed production one after another. However, the demand growth in the downstream market is slow. The price of low sulfur calcined petroleum coke is expected to rise by 400-500 yuan/ton next week. The medium and high sulfur calcined petroleum coke market is in short supply, and the raw materials price continues to rise slightly.The price of some medium and high sulfur calcined coke is expected to rise by 100-200 yuan/ton. For the latest forecast of petroleum coke market, welcome to contact us.