Petroleum coke shipments were stable, and some prices changed slightly

Petroleum coke shipments were stable, and some prices changed slightly

On August 15, 2022, petroleum coke average market price was 4716 yuan/ton, up by 7 yuan/ton. The overall shipment of petroleum coke market was stable, and some refineries adjusted prices slightly. As one main product of petroleum coke, graphite electrode is available at your pleasure. 

In terms of Sinopec, medium sulfur petroleum coke is well transported along the Yangtze River. Changling refinery is shipped as per 3#C, and Jiujiang Petrochemical is shipped as per 3#B and 3#C. At present, Daqing and Fushun petrochemical plants' petroleum coke prices in Northeast China are weak and stable, and the inventory is at a medium high level. Petroleum coke overall trading in Northwest China was stable today. Last week, due to the impact of COVID-19, the petroleum coke price in Dushanzi Petrochemical decreased by 200 yuan/ton. At present, the petroleum coke price in CNOOC refinery is stable.

In terms of local refineries, since the end of last week, the overall trading of the local petroleum coke market has been stable. Most refineries' trading prices are stable, while some refineries' trading prices vary widely, with a range of about 100 yuan/ton; Electrolytic aluminum market price is weak, and the main low sulfur petroleum coke price continues to decline. The downstream carbon enterprises have a strong wait-and-see mood, and mostly purchase on demand.

At present, steel plants demand is weak, the downstream electrode enterprises production enthusiasm is general, and the market wait-and-see mood increases. In the short term low sulfur coke price is still expected to fall. The market overall shipment is stable, and the downstream receives the goods on demand. Medium-high sulfur petroleum coke is expected to remain stable on the whole, and some refineries will flexibly adjust the coke prices according to their own shipments. Contact us for the latest carbon market reports.