Domestic petroleum coke prices continue to soar

Recently, domestic petroleum coke prices have risen continuously, influenced by multiple supply and demand factors.

Raw material cost pressure

1, Crude oil and refinery raw material prices continue to be high, resulting in rising petroleum coke production costs.

2, International oil price fluctuations also have an impact on the domestic petroleum coke market.

Supply tightening

1, Due to some domestic refineries' equipment maintenance and environmental protection policies, the market supply is tightening.

2, The impact of U.S. sanctions on some logistics and trade channels indirectly led to a reduction in petroleum coke supply.

Demand growth

1, The demand for high-quality low-sulfur calcined petroleum coke from the aluminum, steel and carbon industries is growing steadily.

2, As industrial production picks up, the demand for petroleum coke from the negative electrode material industry is also increasing.

In view of the above market fluctuations, we recommend you to optimize your inventory management, flexibly adjust your procurement strategy, pay close attention to the price trend and supply situation, and maintain good communication with your suppliers. If you have any procurement needs or questions, please feel free to contact us, we will be happy to provide you with support and assistance.