Calcined petroleum coke market analysis this week

This week, the mid-high sulfur calcined char market is in short supply, and raw material prices are firm, supporting prices continue to push up about 100 yuan/ton; On the one hand, although the market supply has increased this week, it still takes time to restore normal production. On the other hand, although the supply of raw petroleum coke has recovered somewhat, the market supply is still tight, the price continues to push up slightly, and the cost drives the enterprise quotation to continue to rise. In terms of market, the current low inventory of middle and high sulfur calcined enterprises, the overall market demand exceeds supply, individual downstream enterprises can only accept the high price in order to purchase the goods. Cost: the price of petroleum coke market rose in part this week. Recently, the output of petroleum coke of refineries remained low, and individual refineries reduced production of petroleum coke. The power limit in Guangxi and Yunnan region led to downstream production reduction, and local demand was limited. Sinopec coke price increased by 20-40 yuan/ton, PETROCHINA coke price increased by 50-200 yuan/ton, Cnooc coke price increased by 50 yuan/ton, most local refineries coke price increased by 10-150 yuan/ton.
In terms of profit, low sulfur burning: The average loss of fushun and Jinxi burning enterprises was 20 yuan/ton, and 410 yuan/ton, respectively. Middle and high sulfur burning: this week the price of raw petroleum coke is stable and slightly increased, the price of middle and high sulfur burning is strongly pushed up, and the average profit of the industry is about 110 yuan/ton.
Inventory: low overall inventory for all models burned this week.
Afternoon forecast: low sulfur calcined burning: in the near future, low sulfur calcined burning market trading is relatively stable, raw material low sulfur petroleum coke still has a certain rise, downstream graphite electrode, carburizer demand support strength is general, raw material costs push up, some models are expected to continue to rise 200-300 yuan/ton or so. Middle and high sulfur calcined burning: the current market demand is large, middle and high sulfur calcined burning in short supply, Baichuan is expected to follow the market next week order price is expected to continue to increase about 100 yuan/ton, monthly pricing order price will increase 300-400 yuan/ton.


Post time: Aug-27-2021