Petroleum coke market price

On April 15th, the average market price of petroleum coke was 2869 yuan/ton, which was adjusted down by 6 yuan compared with the previous working day, with a decline of 0.21%. Today, the petroleum coke market showed both rising and falling, with differentiated performance. Some low-sulfur coke prices in main refineries were weak and fell. The purchasing mentality of downstream purchasers was a little weak. They mainly purchased according to demand. Local refineries mainly maintained stable prices, and individual ones fluctuated narrowly.

Supply aspect

As of April 15th, there were 32 shutdown and maintenance times of coking units across the country. The daily output of petroleum coke in the country was 76,740 tons, and the coking operating rate was 59.50%, which decreased by 0.23% compared with the previous working day.

Demand aspect

Downstream aluminum carbon enterprises maintained rigid demand for purchasing petroleum coke; there were limited new orders in the negative electrode material market. Enterprises mainly produced according to orders and maintained stable purchase of petroleum coke; there was still demand for high-sulfur shot coke in the silicon carbide industry and the southern fuel market; graphite electrode enterprises had general shipments. Enterprises mainly maintained normal operation and basically operated stably. There was no increase in the demand for petroleum coke. 

Future market forecast

The overall trading performance of the petroleum coke market was general. Most downstream markets continued to purchase stably, and the support for the petroleum coke market was limited. Bichuan Yingfu expected that the petroleum coke price would remain stable tomorrow, and some coke prices would fluctuate narrowly.