Petroleum coke market demand still exists, some refinery prices may continue to push higher

The current average market price of petroleum coke is 4703 yuan/ton. The shipment of East China high sulfur petroleum coke is acceptable, and Shanghai Petrochemical has started coke production; Zhenhai refining and coking unit has been shut down for maintenance since September 9; Our company graphite electrode for steelmaking is made of low sulfur petroleum coke, green and low-carbon. The medium sulfur petroleum coke is shipped well along the Yangtze River, and Jiujiang Petrochemical is shipped according to 3 # B. At present, the petroleum coke of Daqing Petrochemical Company petroleum coke price in Northeast China is shipped well; Jinzhou Petrochemical petroleum coke price increased, Jinxi Petrochemical petroleum coke price also increased; Petroleum coke in Northwest China is currently stable, low inventory; Yunnan Petrochemical coking plant in Southwest China has started coke production, which is mainly for self-use. Prices at Cnooc's refineries are stable.

The current market trading of local refineries petroleum coke is gradually stable. Most refineries mainly implement early orders, and the shipment is stable. Some refineries adjust coke prices flexibly.

Refinery petroleum coke inventory still remains low, but with the continuous increase of coke price, the downstream procurement enthusiasm decreases, most of them purchase on demand. In the short term, petroleum coke price is expected to be basically stable, and some products may be adjusted. Petroleum coke market analysis and forecast, feel free to contact us.