Insufficient demand, petroleum coke carburant is expected to decline in a narrow range

Through investigation, taking C≥98.5%, S≤0.5%, particle size 1-5mm low proportion of petroleum coke carburant as an example, Liaoning factory tax-included mainstream price is 7800-8000 yuan/ton, Tianjin is 8000-8300 yuan/ton. 

Raw material aspect:

The coke market is affected by the epidemic situation and the product transportation is limited. The overall market transaction is at an average level and procurement demand of downstream purchasers is insufficient. Coke prices are basically weak and stable. Affected by the upgrading of environmental protection policies, production requirements are relatively strict, and most manufacturers schedule production according to orders.

Terminal requirements aspect:

At present, the domestic steel market demand has been in the traditional off-season. Most downstream buyers are taking a wait-and-see attitude, with average market sentiment and trading volume.  The relationship between supply and demand has changed from a relatively balanced state in the early stage to a state of constant supply and reduced demand, which has led to insufficient motivation for the rise of steel prices, and the market still needs more positive stimulus in the future. However, as the industry is about to enter the winter storage time, the market demand may improve slightly in the future.

Future market forecast:

The market situation of calcined petroleum coke is still severe, the demand is weak, the raw materials price is at a historical high, and the price may still be dominated by weak shocks in the future. For more analysis of petroleum coke carburant market, welcome to consult us.