Petroleum Coke Downstream Market in October

Since October, the supply of petroleum coke has increased slowly. In terms of main business, high-sulfur coke has increased for self-use, market resources have tightened, coke prices have risen accordingly, and the supply of high-sulfur resources for refining is abundant. In addition to the high price in the previous period, the downstream wait-and-see mentality is serious, and some prices are wide. In the northeast and northwest regions, the shipment of low-sulfur coke is active, and the demand-side procurement enthusiasm is fair. Let’s analyze the downstream product market of petroleum coke.

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Pre-baked anode is an electrode product used as anode material for pre-baked aluminum electrolytic cell. In the electrolytic aluminum production process, the pre-baked anode is not only used as the anode to be immersed in the electrolyte of the electrolytic cell, but also participates in the electrochemical reaction to produce consumption. The mainstream prices of the prebaked anode market are stable, and the production of enterprises is mostly carried out according to the original order plan, and the transaction is good. However, by comparing the above picture, we will find that the average price of domestic pre-baked anodes in October 2020 and October 2021 has long been disparity, especially in East China, where the difference is nearly 2,000 yuan/ton, in Central China, Northwest, and Southwest China. The regional difference is between 1505-1935 yuan/ton.

Recently, due to the influence of superimposed factors such as limited electricity, limited production and dual control of electrolytic aluminum, the price has risen all the way, and has remained high recently. The holders have delivered goods at a high price, and the downstream receivers replenish the warehouse on dips. The overall willingness to receive goods has improved. , The overall trading volume is average; after the National Day, the calcining companies have sufficient stocks and are not eager to purchase petroleum coke. Some calcining companies have limited power and production restrictions. The demand for petroleum coke has fallen, and the price of petroleum coke has recently fallen from a high level.

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Post time: Oct-27-2021