Petroleum coke market is differentiated, China's refining industry bears pressure

At present, China's local petroleum coke market price continues to rise, and most of the manufacturers' shipping is also improved. In addition, there is replenishment demand in some downstream markets, and the market trading atmosphere is improving. 

Specifically, Shandong market petcoke price continues to rise, of which the 2# petcoke price remains stable, mainstream transaction price is around 4330-5000 yuan/ton, of which the 2#A petcoke price is about 5000 yuan/ton, which is the same as the previous day, and the 2#B petcoke price is stable to 4300 yuan/ton, and the market transactions atmosphere is general; The 3# petcoke price increased by 7-66 yuan/ton, of which the 3#A price is 4252 yuan/ton, up 52 yuan/ton from the previous day; The 3#B price is 3607 yuan/ton; The 3#C price is about 3455 yuan/ton, and the market transactions atmosphere is general. Northwest region market quotation is stable, the  2# petcoke price is stable at 4900 yuan/ton, and the high sulfur petcoke price is 4685 yuan/ton. Downstream replenishment is mainly based on demand, and the market transactions atmosphere is general. Northeast China petcoke price remains stable, and the 1# petcoke price is stable at 5318 yuan/ton, and the market transactions atmosphere is also general.

At present, the downstream market inventory demand is still supportive, carbon plants are still actively receiving goods, and the local refining petcoke  price still has a small growth space. However, considering the high inventory of petcoke in ports, the market overall supply is still abundant,  may restrain the price increase to some extent. At present, petcoke short-term market price is expected to narrow adjustment, and some models price may still rise. For local calcined petroleum coke products in China, welcome to contact us for further information.