【Graphitized Petroleum Coke Carburant】Stable Market with Positive Outlook

According to investigation, the quotations from graphitized petroleum coke carburant (GPC) enterprises in North China, East China, Southwest China, and other regions have remained relatively stable with no significant changes compared to the previous week. Taking an example of GPC with specifications of C≥98.5%, S≤0.05%, and particle size of 1-5mm, the ex-factory prices (including taxes) in North China range between 4500-4600 RMB/ton, while in East China, they range between 4700-4800 RMB/ton. 

On the raw material front, the mainstream market for petroleum coke is generally stable, and the market for calcined coke remains weak but stable. There is sufficient supply and stable follow-up from essential demand, resulting in a relatively stable petroleum coke price. The market for calcined petroleum coke (CPC) is overall stable with occasional adjustments, while the low-sulfur coke market has experienced some downward movement. Overall, trading activities in the raw material sector are acceptable, and prices have remained mostly stable, supported by the stable cost of GPC.

Regarding downstream demand, based on production and inventory data from steel enterprises, the daily production figures for crude steel, pig iron, and steel products have shown month-on-month growth of 1.42%, 0.73%, and 5.04% respectively in mid-June. This indicates an increase in production enthusiasm among steel enterprises and a gradual release of material demand. In recent times, there has been an increase in purchase inquiries for Semi GPC, suggesting a favorable trend.

In summary, with stable support from the raw material front and a gradual improvement in downstream demand, the GPC market is expected to continue operating in a stable manner in the short term. Follow us to learn more about the latest market trend of GPC/CPC products.