【Graphitized Petroleum Coke】Steady Demand, Stable Prices

Currently, China mainstream market price for graphitized petroleum coke (GPC) remains stable. Cost support is moderate, and downstream demand is weak. The industry's mainstream production is normal, with orders being executed and inventory at low to moderate levels. The mainstream price for domestic graphitized petroleum coke (C≥98%, S≤0.05%, particle size: 1-5mm) is around 4500-5100 RMB/ton; for semi-graphitized petroleum coke (C≥98%, S≤0.3%, particle size: 1-5mm), the mainstream price is around 4000-4300 RMB/ton. The market average price is 4700 RMB/ton, unchanged from the previous statistical day.

Most graphitized petroleum coke producers are manufacturing based on orders, resulting in low to moderate inventory levels, and a few enterprises reduce production.

Currently, the market for medium-high sulfur calcined petroleum coke (CPC) is stable, with graphitized petroleum coke producers' operating rates showing a slight increase. Electrolytic aluminum enterprises continue to resume production, leading to an overall increase in market supply. This is beneficial for the medium-high sulfur calcined petroleum coke market, and prices are mostly stable.

Currently, steel prices are slightly rising, and there are expectations of higher CPC and GPC prices. Raw material performance is strong, but steel mill profits have slightly decreased, leading to limited motivation for increased production. Traders are showing strong willingness to push prices higher due to favorable market conditions. At the same time, steel mill resource deliveries are experiencing moderate delays, leading to relatively limited spot market resources. As a consequence, actual transactions have witnessed a slight rebound, which is lending some support to the current price levels.

With raw material prices at a low level and average downstream demand, the prices for graphitized petroleum coke are currently stable. The mainstream price for graphitized petroleum coke (C≥98%, S≤0.05%, particle size: 1-5mm) is around 4500-4800 RMB/ton; for semi-graphitized petroleum coke (C≥98%, S≤0.3%, particle size: 1-5mm), the mainstream price is around 4000-4300 RMB/ton.  Contact us to learn more about GPC/CPC industry.