Petroleum coke had a "good start" in September. What is the follow-up trend?

Current review

This week, petroleum coke market overall shipment has a fair performance, and most refineries coke prices are rising. With the Mid Autumn Festival and National Day holidays approaching, the downstream is actively preparing and replenishing goods. Domestic petroleum coke market supply is tight, refineries' inventory is low, and market supply exceeds demand. As petroleum coke downstream product, graphite electrode has good market and economic benefits for electric arc steelmaking.

Low sulfur petroleum coke aspect: The petroleum coke price of petrochina's refineries was mixed this week. The transportation of Daqing Petrochemical in Northeast China was blocked recently due to the epidemic, and petroleum coke price fell this week; Coke prices of Fushun, Jinxi, Jinzhou and Jilin petrochemical companies remained stable this week; The prices of Binzhou CNOOC pitch and Taizhou Petrochemical petroleum coke under CNOOC continued to rise this week.

This week, the overall shipment of petroleum coke from the local refinery was good, and petroleum coke overall price rose. At the same time, the market demand for anode materials has increased. In addition, petroleum coke market overall supply is tightening and refineries' inventory is low. Low sulfur coke price is strong. However, after the continuous price rise this week, the low sulfur coke market is expected to remain stable next week, The downstream pre-saving inventory of medium and high sulfur petroleum coke will be basically completed, and rational procurement is expected to resume. More petroleum coke related news reports, feel free to contact us.

Price trend