The main refinery along the river has a good deal, PetroChina’s medium and high-sulfur coke is not under pressure, and the downstream of the refinery is active in inquiry and purchase, and the coke price of some refineries is raised within a narrow range
Petroleum coke
Refinery shipments are better, coke prices are stable in a narrow range
The domestic market traded well, the main coke price maintained stable operation, and the local coke price rebounded slightly. In terms of main business, Sinopec’s refineries have balanced production and sales, and transactions along the river are relatively good; PetroChina’s refineries have no pressure on the shipment of medium and high-sulfur coke, and refinery inventories are low; CNOOC’s refineries have maintained stable coke prices and stable downstream demand. In terms of local refining, carbon factories have increased their enthusiasm for inquiries and purchases, refineries have delivered better shipments, and some refineries’ coke prices have risen in a narrow range, ranging from 20-100 yuan / ton, and the overall market transaction is good. The market supply fluctuated within a narrow range, and the price of electrolytic aluminum rebounded and returned to more than 18,000 again. The downstream market has a strong wait-and-see mood, and more purchases are made on demand. The demand side remains stable as a whole, and the market has no obvious positive support for the time being. It is expected that the mainstream coke price will remain stable in the later period, and some will be adjusted accordingly.
Calcined Petroleum Coke
Relatively stable supply and demand, stable market price
The market traded well, and coke prices maintained stable operation. The price of raw material petroleum coke was stable and partially adjusted within a narrow range, and the price of local coking was slightly increased, and the cost-side support was stable. The supply of calcined coke in the market is relatively stable. Affected by the raw material coke, the price fluctuates along with it, the refinery inventory is low, and the overall market transaction is acceptable. Affected by the overall recovery of futures, the spot price of electrolytic aluminum has rebounded to above 10,008. The operating rate of the anode market is relatively stable, the rigid demand is stable, and the demand side is acceptable. It is expected that the mainstream coke price will remain stable in the short term, and some will be adjusted accordingly.
Prebaked anode
Refinery executes orders mainly, the market is stable and wait-and-see
The market trading was stable today, and the anode price remained stable as a whole. The price of raw material petroleum coke is adjusted along with the adjustment, with a slight increase of 20-100 yuan / ton. The price of coal tar pitch has not fluctuated for the time being, and the cost-side support remains weak and stable; the operating rate of anode refineries is stable, the inventory is low, the market supply has not changed significantly for the time being, and there are many enterprises. The execution of the signed orders, the spot price of downstream electrolytic aluminum, driven by the external market, has rebounded to more than 10,000, and the overall market transaction has improved; It is necessary to purchase, the support on the demand side is acceptable, and there is no obvious positive support on the supply and demand side. The recovery time of enterprises is long, and the anode market price is expected to remain stable during the month.
The pre-baked anode market transaction price is low-end ex-factory price of 6710-7210 yuan / ton including tax, and high-end price of 7110-7610 yuan / ton.
Post time: Jul-28-2022