Since August, the domestic petroleum coke market as a whole has been trading well, and the downstream procurement mentality has been stable, which has driven the petroleum coke inventory of refineries and ports to decline rapidly, and the petroleum coke transaction price has fluctuated higher. The third quarter market has more than half, the next with the market supply and demand changes in the price of petroleum coke will show what trend?

Recently, the domestic mainstream petroleum coke trading atmosphere is more positive, downstream enterprises just need to purchase support is relatively strong, and some refinery petroleum coke prices show an upward trend.

According to the statistical analysis of market data of Longzhong Information, the average price of domestic low-sulfur petroleum coke is 3257 yuan/ton, up 2.2% from the previous month. Negative electrode material market demand performance is good, graphite electrode enterprises to start to improve the procurement mentality is more positive, positive oil refinery shipments. Due to the reduced production operation of some refineries, the overall shipment performance was stable, and carbon enterprises entered the market to inquire for goods, driving refinery coke prices to rise.

The market price of medium sulfur petroleum coke continued to rise to 2463 yuan/ton, an increase of 103 yuan/ton or 4.36%. Due to the adjustment of raw material index, the sulfur content of petroleum coke in the local refining market continues to increase, and the production of shot coke in Shandong Province is changed individually, and the supply of medium sulfur petroleum coke in the market is reduced. The petroleum coke index performance of some Sinopec refineries along the river is good, and the purchasing enthusiasm of negative enterprises is strong, which drives the price of medium-sulfur petroleum coke along the river to continue to rise.

The high-sulfur petroleum coke market basically maintained a stable and slightly fluctuating trend, and the price of some petroleum coke produced and sold well in main refineries continued to rise slightly; Shipments in the refining market slowed down, general goods burnt enterprises entered the market with a cautious purchasing mentality, and refineries actively shipped some coke prices fell in a narrow range.

Recently, the enthusiasm of silicon enterprises to purchase is high, the aluminum carbon market is well traded, and the market demand for graphite electrodes and negative electrode materials is good for the petroleum coke market shipments, and domestic refineries and imported petroleum coke are showing synchronous storage.

According to market research data from Longzhong Information, as of mid-August, the inventory of petroleum coke in major domestic ports fell to 4.93 million tons, down 6.24% from the previous month. Since August, the amount of newly arrived petroleum coke into the port has decreased significantly, and a small amount of imported coke into the port is mainly concentrated in Shandong and Guangxi ports. At present, the sources of goods on sale are mostly the United States, Russia and some low-sulfur petroleum coke. Silicon carbide enterprises have a good demand for the purchase of medium and high sulfur pellet coke, driving the port spot pellet coke price up. The price advantage of imported carbon grade petroleum coke is obvious compared with the domestic equivalent index petroleum coke, and the procurement enthusiasm of downstream carbon enterprises is still good, supporting the price of some imported coke.

Domestic petroleum coke with the early maintenance equipment has resumed production and supply a small increase, the market is in a two-way growth state of supply and demand, and the refinery actively shipped and sold, and the spot inventory of the sample enterprise petroleum coke refinery was maintained at about 100,000 tons.

Future market forecast:

Due to the frequent changes in the petroleum coke raw material index, it is expected that the low-sulfur supply of petroleum coke may be reduced, and the proportion of high-sulfur general cargo supply is increasing, although the domestic demand side is relatively strong, but downstream enterprises and traders are more cautious to enter the market. In addition, some imported petroleum coke has obvious advantages over domestic resources, forcing the price of some domestic general goods to keep a narrow downward trend.

In late August, the petroleum coke market was mainly organized, and under the guidance of supply and demand, domestic refinery coke prices or stable slight fluctuations, port petroleum coke shipments were good, and some coke prices still had a slight upside possibility.