| RSS
Business center
Office
Post trade leads
Post
Rank promotion
Ranking
 
You are at: Home » News » internal »

SunSirs: The Price of Petroleum Coke Continued to Rise in China Last Week (July 26-31)

Increase font size  Decrease font size Date:2021-08-05   Views:29
According to SunSirs, the price of petroleum coke of domestic local refiners continued to rise last week. The average market price in Shandong was 2,435.75 RMB/ ton on July 31, up 2.42% from 2,378.25 RMB/ ton on July 26.

On July 31, the commodity index of petroleum coke was 189.45, unchanged from the previous day, hitting a record high in the cycle, up 183.23% from the lowest point of 66.89 on March 28, 2016 (Note: period refers to 2012-09-30 to now).

Last week, the maintenance of refineries increased, the supply of petroleum coke decreased, the inventory was low, and the local coking price rose well.

Upstream: international crude oil prices rose, US crude oil inventories fell more than expected, and tight supply boosted oil prices. Data show that US crude oil supply hit the lowest level since January 2020, and oil prices further increased.

Downstream: the price of upstream petroleum coke continues to rise, and carbon enterprises continue to operate under pressure under the cost pressure of carbon enterprises; The price of calcined coke rose; The price of downstream electrolytic aluminum rose. As of July 31, the price was 19,856.67 RMB/ ton; The short-term tight supply situation is difficult to alleviate, but the willingness to receive goods at high prices in the downstream is not strong, and the market price of metal silicon rose slightly.

Industry: according to the price monitoring of SunSirs, there are 10 kinds of commodities rising month on month in the energy sector in the list of commodity prices rising and falling in the 30th week of 2021 (7.26-7.30), including 2 kinds of commodities rising by more than 5%, accounting for 12.5% of the monitored commodities in the sector; The top three commodities were LNG (8.05%), coking coal (6.22%) and petroleum coke (2.42%). There were three commodities with month on month decline, and the top three products were fuel oil (-0.52%), gasoline (-0.49%) and naphtha (-0.28%). The average rise and fall last week was 1.45%.

According to SunSirs petroleum coke analysts, the local refineries have been overhauled recently, the local petroleum coke supply is tight, the inventory is low, the electrolytic aluminum market performs well, and the carbon enterprises are under pressure. It is expected that China petroleum coke will remain stable in the near future.
 
 
[ Search ]  [ ]  [ Email ]  [ Print ]  [ Close ]  [ Top ]

 
Total:0comment(s) [View All]  Related comment

 
Recomment
Popular
 
 
Home | About | Service | copyright | agreement | contact | about | SiteMap | Links | GuestBook | Ads service | 京ICP 68975478-1
Tel:+86-10-68645975           Fax:+86-10-68645973
E-mail:yaoshang68@163.com     QQ:1483838028