At the end of the year, China petroleum coke refineries' new orders price rose

At the end of the year, the logistics was gradually shut down, China petroleum coke refineries' new orders price rose by 30-200 yuan/ton.

At present, China's petroleum coke market has a good trading volume, the main products' prices are generally stable, and local refined petroleum coke prices are concentrated rising.

• In terms of main products, Sinopec's refineries are active in shipment and have low and medium inventory; Low sulfur petroleum coke of PetroChinas refineries is shipped well, and the downstream trading enthusiasm is acceptable; CNOOC's refineries are executing early orders and the current price is stable.

  
  

• In terms of local refining, most refineries deliver goods according to orders, and logistics gradually stops operation near the end of the year. The total price of new orders has increased by 30-200 yuan/ton. During the Spring Festival, the refineries operating rate will be stable and the order execution will increase. Calcined petroleum coke price is expected to be stable in a narrow range in the near future.

At present, both the market transaction and the price of calcined petroleum coke are stable.The main raw material prices are also basically stable and local refining petroleum coke price centralized rose by 30-200 yuan/ton. With the stable support of cost, market transactions slowed down. In the short term, the refineries' operating rate has decreased slightly, the market supply is sufficient, the inventory is maintained at a medium and low level, the downstream enterprises mainly purchase on demand and prepare new orders after the Spring Festival. The market supply and demand are weak and stable, and the overall demand side is well supported. Calcined petroleum coke price is expected to remain stable in the short term.  To understand the analysis of calcined petroleum coke market trend, feel free to contact us.