Calcined cokeCalcined coke: The market trading atmosphere is flat, and the price of calcined coke lacks support
Calcined Petroleum Coke Market Report
Date: April 29
Price Trends
Market Overview::
The average price of calcined petroleum coke (CPC) is CNY 3,193/ton, down by CNY 12/ton (0.37%) compared to the previous trading day.
Low-sulfur CPC (Jinxi, Jinzhou petroleum coke as feedstock): CNY 5,200–5,500/ton.
Low-sulfur CPC (Fushun petroleum coke as feedstock): CNY 6,200–6,500/ton.
Low-sulfur CPC (Liaohe, Binzhou CNOOC petroleum coke as feedstock): CNY 5,300–5,500/ton.
Mid/high-sulfur CPC (S 3.0%, no trace element requirements): CNY 2,400–2,500/ton (stable).
Mid/high-sulfur CPC (S 3.5%, no trace element requirements): CNY 2,300–2,350/ton (stable).
Mid/high-sulfur CPC (S 3.0%, V 400): CNY 3,400–3,500/ton (stable).
Supply Dynamics
National Supply: Daily commercial CPC output stands at 27,048 tons, with an operating rate of 58.30%, down 0.22% from the previous day.
Upstream Market (Petroleum Coke)
Sinopec:
North China: Yanshan Refinery raised anode-grade coke prices by CNY 200/ton due to low inventory.
South China: Guangzhou Refinery lowered prices for some grades by CNY 60/ton; Beihai Refinery remains under maintenance.
PetroChina:
Northeast refineries maintained stable prices, with inventory accumulation due to subdued demand from graphite electrode and anode material sectors.
Northwest refineries reported steady shipments, primarily for aluminum carbon products.
CNOOC: Refineries operated on an order-to-delivery basis.
Downstream Demand
Graphite Electrodes:
Trading activity remained subdued ahead of the May Day holiday.
Producers focused on fulfilling existing orders; idled plants showed no signs of restarting.
Electrolytic Aluminum:
Aluminum prices rose due to declining social inventories and improved downstream demand.
Anode Materials:
Weak procurement sentiment persisted, with oversupply intensifying price competition.
Market Outlook
Low-sulfur CPC: Prices are expected to decline further due to weak demand and cautious buyer sentiment.
Mid/high-sulfur CPC: Prices likely to stabilize as downstream procurement remains steady.
- Source: BaiChuan Info, industry surveys.
Note: All prices are cash ex-factory (CNY/ton).