China's petroleum coke market shows differentiation, local refineries' prices fluctuate

Currently, petroleum coke price in China's local market is generally stable with a few fluctuations, and some regions' market quotations are slightly adjusted.

In Shandong Province, the 2# petroleum coke market price fluctuates within a narrow range. In general, the main transaction price ranges from 4000 to 5380 yuan/ton, where 2#A is at 5380 yuan/ton, up 52 yuan/ton from yesterday, 2#B is down to 137-4000 yuan/ton. Despite an improvement in refinery delivery speeds, medium-sulfur petroleum coke prices are still high, and some manufacturers are being pressured to lower their prices; The 3# petroleum coke price is temporarily stable, at 4013 yuan/ton for the 3#A; 3254 yuan/ton for the 3#B; and 2967 yuan/ton for the 3#C, with downstream rigid demand driving pricing. In the northwest region, the market quotation is stable, the 2# petroleum coke mainstream price is stable at 4900 yuan/ton, and the high sulfur petroleum coke price is 4685 yuan/ton. Downstream enterprises are moderately enthusiastic about entering the market. In Northeast China, Petroleum coke price remained stable, with the 1# petroleum coke mainstream transaction price stabilizing at 5688 yuan/ton. A fair transaction atmosphere prevailed in the market.

According to recent market data, the overall market supply is still abundant, and downstream demand is average. The aluminum carbon market is mainly produced and sold by order contracts, while enterprises mostly purchase on demand. There is a heavy wait-and-see mood among downstream players, and they are not enthusiastic about entering the market; At present, the production of local refineries in China is stable, the overall market supply is sufficient, and the downstream is mainly purchased on demand. Recently, petroleum coke market price is expected to be slightly stable, do not rule out some types continue to fall. In the later stage, we also need to pay attention to the operation of the field equipment and the supplement of the downstream market. Pay attention to us for more analysis of petroleum coke market supply.