Petroleum coke market shipments are average, and coking prices continue to fall in some places
The average petcoke market price on January 30 was 1,844 yuan/ton, a decrease of 4 yuan/ton or 0.22% from the previous working day. Today, the coke price of the main refinery remained stable, while the coke price of some local refineries continued to fall by 20-200 yuan/ton.
In terms of Sinopec, petcoke shipments from its subsidiary refineries are acceptable, and the refineries are executing order shipments; medium-sulfur petcoke in the Yangtze River region is executing order shipments, Anqing Petrochemical is shipping according to 3#A petroleum coke, and Jingmen Petrochemical is shipping according to 3 #B, 3#C shipments; Tahe Petrochemical in the northwest region has no pressure on shipments, and downstream enthusiasm for receiving goods is high. Shipments in the petcoke market in the northeastern region under CNPC were stable, with stable price trading at refineries; shipments in the northwest region's petcoke market were acceptable today, and there is still demand for replenishment and stocking downstream before the Spring Festival. The overall shipments of CNOOC's refineries are not under pressure this week, and orders for the Spring Festival holiday are still being signed. Binzhou CNOOC asphalt and Taizhou Petrochemical petcoke prices have remained stable this week, while Zhoushan Petrochemical coke prices have risen.
In terms of local refineries, the Spring Festival is approaching, and most local refineries have begun to sign orders for the Spring Festival in advance. In addition, the benchmark price for February purchase of prebaked anodes has been released, and the prices have remained stable. The overall wait-and-see attitude of downstream aluminum carbon companies is strong, and they purchase on demand. Mainly, the coke price of some refineries continued to fall by about 20-200 yuan/ton, and the sulfur content of Haiyou Petrochemical petroleum coke rose to about 4.0%. The coke price adjusted downward again today.
In terms of imported coke, as the Spring Festival is approaching, some domestic refineries have begun to sign orders during the Spring Festival. Coke prices have partly declined. Imported sponge coke shipments have been average. Traders have implemented early contract shipments; the pellet coke market has been stable.