Ground coke prices rise and fall mixed
The average petcoke market price on February 2 was 1,837 yuan/ton, a decrease of 2 yuan/ton or 0.11% from the previous working day. Today, coke prices at main refineries remained stable, while local coke prices were mixed, with a range of 10-50 yuan/ton.
As of February 2, 9 coking units across the country have been undergoing routine maintenance. The national daily petroleum coke output is 86,948 tons, and the coking operating rate is 68.56%, a decrease of 0.03% from the previous working day.
The Spring Festival is approaching, and market logistics and transportation are limited. Refineries continue to sign orders during the Spring Festival in advance. Downstreams maintain rigid purchases, which still supports the market price of petroleum coke. Baichuan Yingfu expects that the market price of petroleum coke will mainly remain stable next week, and some coke prices will remain stable. Fluctuation within a narrow range, ranging from 10 to 50 yuan/ton. The downstream demand for pellet coke is stable, and Baichuan Yingfu expects the price of pellet coke to remain stable in the short term.