【Calcined Petroleum Coke】Weak and Stable Trading for Low-Sulfur Calcined Coke, Moderate Performance for Medium-High Sulfur Calcined Coke

Currently, the market for low-sulfur calcined petroleum coke (CPC) shows weak and stable trading. Raw materials like Jinxi and Jinzhou petroleum coke continue to be sold at fixed prices, and most producers of regular electrode-grade low-sulfur calcined coke are shipping products according to orders. Demand from end-users is mainly for essential purchases, and the market performance for high-quality low-sulfur calcined coke is also average. Meanwhile, the market for medium-high sulfur calcined coke exhibits stable trading conditions. Due to the impact of precipitation, the expected reduction in aluminum electrolytic enterprises in Sichuan has eased, and downstream demand remains acceptable. Inventories of calcined coke companies are generally at low levels, and prices are currently stable. 

Mainstream transaction prices for low-sulfur calcined coke (using Jinxi and Jinzhou petroleum coke as raw materials) range from 4500 to 4700 yuan/ton; for low-sulfur calcined coke (using Fushun petroleum coke as raw material), the mainstream transaction prices are in the range of 6750 to 6885 yuan/ton; and for low-sulfur calcined coke (using Liaohai and Binzhou Zhonghai petroleum coke as raw materials), the mainstream transaction prices are between 3900 and 4200 yuan/ton.

As for medium-high sulfur calcined coke (without specific requirements for trace elements), the previous ex-factory contract price was cash 2400 yuan/ton, and the current price under negotiation is ex-factory cash 2400-2500 yuan/ton. For medium-high sulfur calcined coke (vanadium 400), the previous contract price was cash 3000 yuan/ton, and the current price under negotiation is ex-factory cash 2900-3100 yuan/ton.

Currently, the daily supply of commercial calcined coke in the whole country is 24,509 tons, with a capacity utilization rate of 61.42%. The supply in the calcined coke market remains stable compared to the previous day.

Petroleum Coke: The current average price of petroleum coke in the market is 2213 yuan/ton, down by 5 yuan/ton, with a decrease of 0.23%. Main refineries are still shipping products adequately, and downstream enterprises are purchasing as needed. In some regions, prices of low-priced petroleum coke continue to rise, causing downstream companies to adopt a wait-and-see attitude, which puts pressure on some refineries' shipments.

Graphite Electrode: Currently, the Chinese graphite electrode market prices remain stable. Trading in the graphite electrode market is slow and stable, and the current transaction volume is relatively low. Companies are not willing to accumulate too much inventory and mainly produce based on orders to maintain rational inventory levels.

Electrolytic Aluminum: The current average price of electrolytic aluminum in the market is 18,350 yuan/ton, down by 160 yuan/ton, with a decrease of 0.86%. Influenced by the overseas market and accumulating social inventories of aluminum ingots, prices of aluminum in the Sichuan region have dropped due to decreased expectations of production cuts caused by precipitation.

Negative Electrode Materials: Currently, the prices of lithium battery negative electrode materials in China remain stable. The operating rate of negative electrode material companies has increased, and shipments are moderately rising. The penetration rate of new energy vehicles in the downstream market continues to rise, leading to gradually improving demand.

Overall, there is no significant improvement in demand, and companies continue to focus on stable shipments. It is expected that the low-sulfur calcined coke market will continue to exhibit weak and stable trading tomorrow, with some types of coke prices experiencing minor reductions of around 50-100 yuan/ton. Raw material prices are relatively stable, and overall demand from downstream sectors remains acceptable. It is predicted that prices of medium-high sulfur calcined coke will remain stable tomorrow, with certain benchmark prices expected to have a slight increase of around 50 yuan/ton. Stay Informed About Carbon Market Dynamics,Contact Us Anytime.