Petroleum coke
Market trading general coking prices continue to decline
Market trading in general, the main coke prices maintain stability, coking prices down. In terms of main business, Sinopec’s refineries maintain stability for export, downstream procurement is fair; Petrochina’s refinery coke price is stable, trading fair; Cnooc’s refineries are balanced in production and sales, and mostly execute according to orders. In terms of local refining, the downstream procurement enthusiasm is general, coke price continues to decline, enterprises and traders are cautious to enter the market, refinery inventory is medium low, coke price overall adjustment 40-200 yuan/ton. The impact of the epidemic is still serious, and the wait-and-see mood in the market is strong. It is expected that the main price of petroleum coke will be stable and small, and the price of local coking coke will still have downside risks.
Calcined petroleum coke
Market trading can be stable coke price
Market trading is OK, coke price overall stable operation. The main coking price of raw petroleum coke remained stable, while the local coking price was adjusted by 40-200 yuan/ton, and there was still a downward trend. The cost end support was weak and stable. In Shandong, the main producing area, the epidemic is severe, the logistics and transportation are limited, and the enterprises are under pressure of production and sales. In the short term, the calcined coking refinery is in stable operation, the inventory is not under pressure, the anode enterprises are mostly single, the negative market demand is stable, the market wait-and-see sentiment is strong, the downstream many just need to fill the inventory, and the demand end has reasonable support in the short term. It is expected that the price of calcined coke will be mostly stable in the near future, and some will be adjusted along with it.
Pre-baked anode
Balanced supply and demand market trading is stable
Market trading is stable, the price of the anode within a month stable operation. The main coking price of raw petroleum coke remained stable, while the local coking price was reduced by 40-200 yuan/ton and still had a downward trend. The price of coal bitumen was temporarily stable, and the cost end support was weak and stable in the short term. Stable anode enterprise starts, no obvious fluctuations, market supply dollars back, macro market sentiment back to wen, aluminum futures price picks up, spot prices upward again, trading is fair, because the enterprise profits down, stacking heating season, henan area part of the aluminum plant plans to shut down, and production and new capacity to the ground slowly, late demand or will be dropped. Short-term demand support is stable. Monthly anode price is expected to maintain stable operation.
Pre-baked anode market transaction price low-end factory tax price 6845-7345 yuan/ton, high-end price 7245-7745 yuan/ton.
Post time: Nov-07-2022