Summarize The Recent Carbon Market

The price of petroleum coke fluctuates in a narrow range, and the coal asphalt market runs steadily.

Petroleum coke

Main coke price stability coking price mixed

Stable market trading, the main coke price stability, coking price mixed. In terms of main business, the production and sales of Sinopec’s refineries are stable and the downstream demand is fair. Petrochina refinery low sulfur coke trading is good, coke price stability; Cnooc’s refinery shipments without pressure, refinery inventory low. In terms of local refineries, the shipment of refineries is more active, and the coke price of some refineries is adjusted within a narrow range of 50-150 yuan/ton. Petroleum coke market supply increased slightly, downstream enterprises more on demand procurement, aluminum enterprise profit margin is acceptable, enterprise operating rate to maintain high, good demand side support. In the short term, oil coke prices are expected to mainstream stability, part of the accompanying adjustment.

 

Calcined petroleum coke

Market trading general coke price stability operation

Today’s market trading smooth, coke price stable operation. The mainstream price of raw material petroleum coke is stable, with individual refineries adjusting the range of 50-150 yuan/ton, and the cost side is stable. There is no fluctuation in the supply of calcined coke market for the time being. The carbon market, due to the general consumption in the downstream, is less active in purchasing, and more purchases are made on demand. The profit margin of aluminum enterprises is reasonable, the market operation rate remains high, the market demand is large, and the demand side is supporting well.

 

Pre-baked anode

Cost end support good market trading stability

Today’s market trading stability, within the anode price stable operation. The main coking price of raw oil remains stable. The coking price of individual refineries has been adjusted within a narrow range of 50-150 yuan/ton. The price of coal asphalt has maintained stable operation, and the cost end is still high, supporting stability. Anodic enterprises more than single CEO, no obvious fluctuation in market supply; Electrolytic aluminum spot price fell below 20,000, refineries are mainly shipped, social inventory continues to warehouse, aluminum profit margins are partially compressed, the operating rate remains high, the demand side is better support, anode price is expected to maintain stable operation in the month.

The transaction price of pre-baked anode market is 6990-7490 YUAN/ton for low-end ex-factory price with tax, and 7390-7890 yuan/ton for high-end price.


Post time: Jun-21-2022