The consumer market is off season, the downstream demand for electrolytic aluminum is low, and the superimposed production capacity and supply are rising. The aluminum price is under pressure and weak operation
Petroleum coke
Prices were mixed amid slowing market trading
Domestic market trading slowed, coke prices were mixed. In terms of main business, Sinopec’s refinery trading is still good, the coke price is stable up 20-60 yuan/ton; Petrochina’s refineries are still shipping, downstream procurement is good; Cnooc’s refinery coke prices maintain stability, low inventory. In terms of refining, refinery shipment trading slowed down, coke price fluctuated from 50 to 480 yuan/ton, and more downstream purchases were made on demand. Market supply increases, aluminum enterprises start high, demand side support. It is expected that the late mainstream coke price maintenance stability, part of the accompanying adjustment.
Calcined petroleum coke
General market performance of the mainstream coke price stability
The overall performance of the market is general, the mainstream coke price maintained stable operation. The feedstock petroleum coke price consolidation transition, the downstream demand is fair, refiners mostly adjust the price according to their own inventory, the cost side support is fair, the supply of calcined coke market is relatively stable, the downstream electrolytic aluminum market is weak and volatile, the market trading is normal, the refinery operation rate has been put into operation, the demand side support is stable. In the short term, the domestic calcined coke price is stable.
Pre-baked anode
The market price is stable and many orders are mainly executed
Today’s market trading is general, the market new orders are less, more orders are mainly executed, the overall price maintenance stability. The price of raw material petroleum coke plate stable transition, adjustment range of 50-480 yuan/ton, coal bitumen price stable wait-and-see, cost side support is acceptable; The operating rate of anode refinery is stable, and the market supply is temporarily unchanged. The price of electrolytic aluminum in the downstream is weak and oscillating. The operating rate of aluminum enterprises that have been put into production remains high, the support of the demand side is stable, and the market price of anode is stable within months.
Pre-baked anode market transaction price of low-end ex-factory tax price 6710-7210 yuan/ton, high-end price 7110-7610 yuan/ton.
Post time: Jul-27-2022