【Inventory】Chinese Petroleum Coke Port Inventory 

and Shipment Weekly Data Statistics (20231208-1214)

This week, the total inventory of petroleum coke at major ports in China increased by 21,000 tons or 0.48% compared to the previous week, reaching 4.422 million tons. The total outbound shipment of petroleum coke at major ports in China amounted to 161,000 tons, showing a decrease of 9,000 tons or 5.29% compared to the previous week. Imported coke continues to arrive in the domestic market, mainly concentrated in ports in Shandong and Guangxi. Due to the continuous decline in domestic coke prices and the high-cost price inversion of imported sources, traders have strengthened their reluctance to sell. Some domestically produced imported petroleum coke involves operations such as storage and transshipment, resulting in a slight decline in the actual volume of petroleum coke unloaded at ports. Learn more about the market situation of semi-graphitized petroleum coke.

Data Source: Lange Information Sample Explanation: The port inventory sample covers 14 major import coke ports in China, with a sample coverage rate of 90%, including Bayuquan, Rizhao Port, Zhenjiang Port, Nanjing Port, Nansha Port, Fangcheng Port, Qinzhou Port, Huanghua Port, Weifang Port, Guali Port, Dongjiakou, Taizhou Port, Nantong Port, and Longkou Port. The shipment volume sample includes Bayuquan, Rizhao Port, Zhenjiang Port, Nanjing Port, Nansha Port, Fangcheng Port, Qinzhou Port, Weifang Port, and Dongjiakou. The imported coke price is the spot transaction price of pellet coke with a sulfur content of 3.0% at ports.

Term Explanation: Port inventory refers to the total physical inventory of specific commodities stored in warehouses or tanks at ports during a certain period, including commodities stored in bonded zones but not the cargo volume on ships at the port. Port outbound shipment refers to the actual outbound shipment at ports during a certain period, excluding the volume of goods that have been signed but have not yet left the port.

Statistical Method: The inventory of Chinese petroleum coke at ports is a first-hand statistic of the physical inventory of petroleum coke at major ports every Thursday, and the data release time is before 17:00 on working Thursdays. Follow us, continue to track the dynamics of the petroleum coke market.