【Petroleum Coke】China Domestic Carburant Market Analysis in September 2023
【Petroleum Coke】China Domestic Carburant Market Analysis
in September 2023
Data Source: Oilchem
In this week, carburant prices saw a modest increase. Regarding calcined coal, the prices of raw materials, specifically anthracite coal, experienced an upward trend. In this week, shipments of calcined coal carburant were robust, and the operating rate of downstream demand side electric arc furnace refineries has increased. As raw material costs exerted pressure, calcined coal carburant prices saw an increase of 50 yuan/ton.
As for calcined petroleum coke (CPC) and graphitized petroleum coke (GPC) carburant, the prices of raw materials, petroleum coke, exhibited a narrow decline in recent weeks, with trading activity remaining reasonable, and prices remaining stable compared to the previous week. Shipments of CPC carburant performed well, driven by continued downstream demand, resulting in a price increase of 100 yuan/ton compared to the previous week.
It is anticipated that prices will remain stable with a slight upward trend in the near future, with favorable factors continuing to support shipments. Market forecast for petroleum coke carburant after National Day, feel free to contact us for details.
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