Raw material prices rebound, calcined petroleum coke price is expected to rise

On September 2, 2022, the quotation of low sulfur calcined petroleum coke was reduced. In terms of raw materials, Fushun raw coke continued to implement value-insured sales in September. Graphite electrode products (petroleum coked as raw material) is an important high temperature conductive material for electric furnace steelmaking. The shipment of low sulfur calcined petroleum coke (Fushun coke as raw material) was still under-performed, and the terminal downstream enterprises took a wait-and-see attitude. The low sulfur calcined petroleum coke market price is difficult to rise in the short term. At present, the price of medium and high sulfur calcined petroleum coke is stable and the market transaction shows a good performance. Affected by the raw material petroleum coke, the price of medium and high sulfur calcined petroleum coke has a rising trend.

Low sulfur calcined petroleum coke (Jinxi and Jinzhou petroleum coke as raw material) market mainstream transaction price is 9400-10000 yuan/ton; The low sulfur calcined petroleum coke (Fushun petroleum coke as raw material) market mainstream transaction price is 10000-11600 yuan/ton, and the low sulfur calcined petroleum coke (Liaohe, Jinzhou, Binzhou CNOOC petroleum coke as raw material) market mainstream transaction price is 8200-9500 yuan/ton.

In the previous contract, the ex-factory cash price of medium and high sulfur calcined petroleum coke (trace elements are not required) was 4600-4800 yuan/ton, and now the negotiated cash price is 4700-4800 yuan/ton; In the previous contract, medium and high sulfur calcined petroleum coke (vanadium 400) cash price was 5800-6100 yuan/ton, now the ex-factory cash price under negotiation is about 5900-6300 yuan/ton.

The price of low sulfur petroleum coke rebounded significantly, and the low sulfur calcined petroleum coke price is expected to rise steadily in the near future. The medium and high sulfur petroleum coke prices partially began to rebound, and individual medium and high sulfur calcined petroleum coke prices are expected to rise. For more reports on petroleum coke market, look forward to your contact.