1. Market Hotspots:
Longzhong Information learned that: Shanshan Shares to change the original fundraising project “new energy vehicle key technology research and development and industrialization project” investment plan, which 1,675,099,100 yuan raised funds to invest in the company’s “annual output of 100,000 tons of lithium ion battery cathode materials phase I (60,000 tons) project”.
2. Market Overview:
Domestic petroleum coke price chart
Longzhong Information August 25: today, the domestic petroleum coke market trading mood is better, the market is mixed, the overall increase is greater than the decline. Main, northeast low – sulfur petroleum coke shipments better, better demand. Cnooc refinery trading is positive, refinery shipping is smooth, local refining, today’s refinery shipping is stable, some high-priced enterprises back, downstream inquiry is active, operation is cautious.
3. Supply Analysis:
Petroleum coke daily production chart
Today, the national petroleum coke production of 72080 tons, a month-on-month decrease of 700 tons or 0.96 percent. Lanzhou stopped maintenance loss of 800 tons/day, Jinyuan increased production of 100 tons/day, Liaohe is expected to start tomorrow.
4. Demand Analysis:
Domestic common quality low sulfur calcined charring market demand is good, jinxi Petrochemical calcined charring price increased by 200 yuan/ton. The terminal price of electrolytic aluminum to maintain 20300 yuan/ton above, aluminum enterprises continue to operate with high profits. Aluminum carbon market overall stable trading, support petroleum coke prices run high. Carburizer and graphite electrode market turnover is general, anode material market demand is good, support high quality low sulfur coke oil coke market price.
5. Price forecast:
Domestic petroleum coke market is still maintenance enterprises, the market supply is a slight decline, the overall pattern of demand and supply stability, low sulphur petroleum coke is still tight, inventory without pressure support agent on 1 # petroleum coke price, downstream demand side inquiry, procurement cautious, but still support well, recent petroleum coke market is expected to run high stabilization, smelting sulfur coke local callback, smaller margins.
Post time: Aug-27-2021