Daily Comments of Calcined Petroleum Coke August16th. 2022

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Market trading fairly, market price stable. The main coking price of raw material petroleum coke has been largely stable, and the coking price has been adjusted by 20-500 yuan/ton, with reasonable cost support. Due to the high price of low sulfur coke, downstream refineries are cautious in purchasing due to  high price, and the shipment of medium and high sulfur coke is better. The market demand for aluminum carbon is stable, and the market supply of calcined coke is stable. The downstream spot price of electrolytic aluminum has plummeted, market trading volume is light, and the atmosphere of pessimism is strong. The social inventory is depleted. The operating rate of the aluminum factory that has been put into operation is stable, and the support of the demand side is reasonable.

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Post time: Aug-16-2022