Headlines for a week
The central bank continued to raise the central parity rate of RMB, and the market exchange rate of RMB remained stable and basically went flat. It can be seen that the current 6.40 level has become a recent range of shocks.
On the afternoon of October 19, the National Development and Reform Commission organized key coal enterprises, the China Coal Industry Association and the China Electricity Council to hold a coal symposium on the working mechanism of energy supply protection this winter and next spring to study the implementation of intervention measures on coal prices in accordance with the law. Meeting requirements, coal enterprises to effectively improve the position, set up a sense of the overall situation, take the initiative to do a good job of providing stable prices; Strengthen legal awareness, operate in accordance with the law, and strictly perform mid – and long-term trading contracts; We will actively fulfill our social responsibilities, promote the coordinated development of upstream and downstream industries, ensure the demand for power generation, heat supply and coal for people’s livelihood, and facilitate the smooth operation of the economy.
Arrange deployment for the implementation of the National Development and Reform Commission, further promote our electrolytic aluminum industry to reduce energy consumption, improve the energy efficiency level, recently, the autonomous region development and reform commission issued the notice of electrolytic aluminum industry development of our ladder electricity price policy, clear since January 1, 2022 adjustment of electrolytic aluminum industry development of our ladder electricity price step and premium standard, It emphasized that it was strictly forbidden to implement preferential electricity price for electrolytic aluminum industry, and put forward requirements for the work of energy conservation supervision and strengthening the collection of electricity charges with added price.
This week the domestic delayed coking device operating rate is 64.77%, lower than last week.
This week domestic refinery overall shipment good, oil coke market price overall smooth operation. The main refinery coke market shipments are good, the demand side procurement is stable, Sinopec and CNPC refinery coke prices generally push up, cnooc refinery orders shipped; Local refinery shipment is not good, general performance, oil coke market prices as a whole continued to fall.
Oil coke market this week
Sinopec:
This week Sinopec refinery shipments good, oil coke market prices rose again.
In the oil:
This week, Petrochina’s refinery shipments are good, active client procurement, oil coke market prices rose as a whole
Cnooc:
This week cnooc’s refinery execution of early orders, stable shipments, stable coke prices.
Shandong Dilian:
This week shandong refined petroleum coke shipments in general, oil coke market prices as a whole down.
Northeast and North China:
Northeast this week oil coke market demand is good, individual high sulfur coke prices; North China refinery shipments continue to slow, some coke prices down.
East and Central China:
This week, the shipment of new Marine chemical in East China slowed down, the petroleum coke index was adjusted, and refineries implemented new pricing; Central China Gold Australia technology shipments good, oil coke market prices continue to rise.
This week the port of petroleum coke shipments stable, to the port of petroleum coke continued warehousing, the overall inventory slightly up. As the coal price continues to be high, the self-use of high-sulfur coke by refineries increases, and downstream customers are more active in purchasing, supporting the price of port fuel grade petroleum coke; Affected by the overall decline of coking prices and the import of coke concentrated in Hong Kong, northern port carbon grade petroleum coke shipments slowed down slightly, part of the coke price fell.
Processing market this week
Low sulfur calcined:
This week low sulfur calcined coking market prices overall stable, some coke prices up slightly.
■ Sulfur calcined:
This week Shandong region calcined burning market price overall stable.
■ Prebaked anode:
This week shandong anodic procurement benchmark prices hold steady.
■ Graphite electrode:
Ultra high power graphite electrode market prices held steady this week.
■ Carburizer:
This week carburizer market prices as a whole up.
■ Silicon metal:
Silicon metal market prices overall down this week.
Post time: Oct-25-2021