Quote | cnooc’s refinery supply increases slightly, to delivery enthusiasm, smelting coke price gradually stabilised, individual refinery pricing 50-100 yuan
Petroleum coke
Upstream and downstream positive coke price is stabilizing
Market trading is stable, the main coke price stability, coking price mostly held steady, individual refineries narrow consolidation. Main business, Sinopec refinery production and sales balance, coke price flat; Petrochina’s refinery shipments without pressure, inventory to maintain low; Supply from Cnooc’s refineries increased slightly and downstream demand was good. In terms of local refining, the enthusiasm of refinery shipment is still good, and the coke price is gradually stabilizing. The narrow range of individual refineries is adjusted by 50-100 yuan/ton. The supply of petroleum coke market is relatively stable, the enthusiasm of downstream enterprises is good, the profit margin of aluminum enterprises is still acceptable, the operating rate of enterprises remains high, and the demand side is well supported. Oil coke price consolidation is expected to run in the short term.
Calcined petroleum coke
Supply and demand stability market trading is general
Today’s market trading is stable, coke price mostly stable operation, individual refinery coke price accompanying adjustment. The price of petroleum coke, the raw material, has gradually stabilized, and some refineries have adjusted with the range of 50-100 yuan/ton. The cost side is stable in the short term. There is no fluctuation in the supply of calcined coke market, the downstream carbon market is stable, the purchasing enthusiasm is reasonable, the profit margin of aluminum enterprises is considerable, the market operation rate remains high, the market demand is large, the demand side is supportive, the price of calcined coke is expected to remain stable in the short term.
Post time: Jun-17-2022