Petroleum Coke Market Analysis

Analysis of domestic petroleum coke index

According to TDD, on February 7, the domestic mainstream petroleum coke 2# B index was 4200, up 666.67 from yesterday, the 3# B price index was 2893.5, and the high sulfur coke market index was 1930.0, up 25 from yesterday, and the 1# price index was 4715; The 2# price index was at 4450, up 162.5 from yesterday.

The market price of domestic petroleum coke in the mainstream region

Today, the domestic petroleum coke market was actively trading, the price continued to rise widely, and the price of coke in the field was generally raised, and some areas maintained stable transition. The price of model coke in Shandong was running strongly, and the price in Dongying was around 2560-3600 yuan/ton, an increase of 30-200 yuan/ton compared with yesterday, and the market transaction atmosphere was hot; The quotation in Rizhao was around 2560-2760 yuan/ton; Weifang, around 2560-2760 yuan/ton, up 30 yuan/ton from yesterday, the index cargo sales situation was good. Prices in East China rose widely, among which the price of Shanghai 4B stabilized to 1,600 yuan/ton, downstream business people actively entered the market to replenish stocks, and refineries had no inventory pressure for the time being.

Forecast for the future market

Recently, there has been little change in the overall operation of the mainland market, except for a slight adjustment in the output of some refineries, other units have been running smoothly, and the supply of petroleum coke in the mainland is sufficient. At present, the downstream market is enthusiastic about receiving goods, and driven by active replenishment after the holiday, it supports the upward movement of coke prices. It is expected that the market price will be strong in the short-term, and it is necessary to pay attention to the operation of the on-site equipment and the follow-up of downstream demand in the later stage.