1. Market hot spots:
Recently, the Development and Reform Commission of the Autonomous Region issued the “Notice on the Tiered Electricity Price Policy for the Electrolytic Aluminum Industry in Our District”, clarifying that from January 1, 2022, the implementation of the Tiered Electricity Price for the aluminum industry’s liquid ton of aluminum power consumption higher than 13,650 kWh, every time it exceeds 20 kWh, an increase of 0.01 yuan per kWh. In 2023, the standard for electricity consumption per ton of aluminum is adjusted to 13,450 kWh, and in 2025 to 13,300 kWh. At the same time, electrolytic aluminum enterprises are encouraged to increase the proportion of non-aqueous renewable energy (the standard is 15%), and for every 1% increase in the proportion, the standard response to the stepped electricity price increase will be reduced by 1%.
2. Market overview:
Today, the domestic petcoke market shipments are stable, and the supply of petcoke is increasing. In terms of main business, due to the rise of coal prices again, and the increase in the self-use of refineries in East and South China, the demand side is paying more attention to the high-sulfur coke market, which drives the price to rise again. There is no pressure on shipments in the Yanjiang Zhongsu coke market, and coke prices continue to rise in response to the market. The imbalance between the supply and demand of petroleum coke in Northwest China is obvious, and the price of coke in refineries outside Xinjiang continues to rise. The local refining market is actively shipping and exporting, and the price of coke has gone up and down. Due to the abundant supply of high-sulfur resources in the refining industry, and the high prices in the previous period, the downstream wait-and-see mentality is serious, and the prices of some inspections have been widely adjusted. Image] [image
3. Supply analysis:
Today, the national petroleum coke output is 74700 tons, an increase of 600 tons or 0.81% from yesterday. Kenli Petrochemical, Panjin Haoye Phase I, and Jingbo Small Coking started to produce coke, while Yunnan Petrochemical reduced production.
4. Demand analysis:
The power curtailment policy in Henan has been upgraded again, and the wait-and-see attitude of calcined coke and pre-baked anode manufacturers has increased, and the demand side’s enthusiasm for entering the market has slowed down. The recent general demand for graphite electrodes and the stable market demand for anode materials support the shipment of low-sulfur coke in Northeast China. The coal market price continues to be high, the port spot fuel coke price continues to push up, and the domestic spot petroleum coke shipments are good, supporting the continued rise of coke prices.
5. Price prediction:
In the short term, the domestic petcoke market price continues to move at two extremes. The main refineries have good shipments and the demand side has a higher enthusiasm to enter the market, which supports the continued rise of coke prices. The local refinery actively signed orders for storage. The shipment of high-sulfur coke was not good, and the price of coke continued to fall. The shipment of medium and low-sulfur coke was acceptable, and the price of coke gradually stabilized
Post time: Oct-19-2021