Petroleum coke Market performance is differentiated, with coke prices fluctuating up and down.
Petroleum Coke Market Report
Price Trends
Market Average: CNY 2,562/mt, down by CNY 10/mt (0.39%) from the previous trading day.
Divergent Performance:
State-owned refineries: Partial price hikes; most maintained stable offers.
Local refineries: Weak sentiment, prices down by CNY 10-100/mt (exceptions: Wantong Petrochemical’s low-S coke rose by CNY 160/mt).
Demand Analysis
Sector | Procurement Sentiment |
Carbon & Anode Materials | Stable purchases; moderate market support. |
Silicon Carbide | Inventory pressure eased slightly; weak overall demand persists. |
Graphite Electrodes | Cautious buying; limited interest in petroleum coke feedstock. |
Market Outlook
Short-term: Prices remain divergent. Downstream demand exists but is muted by end-of-month caution.
Key Pressure Points:
Local refineries face downward pressure due to sluggish sales.
Import coke volumes lack significant momentum.
Glossary
S: Sulfur Content
V: Vanadium Content
mt: Metric Ton
Source: Industry surveys, refinery bulletins.
Note: All prices are ex-works (CNY/mt).