Overall market for major enterprises maintained steady. Affiliated refineries of three major groups continued to go upwards in the short term mainly owing to declining supply.
On the low-sulphur petroleum coke market, market performance of all major groups performed steady this week; refineries continueD to offer discounts of around 100 yuan/mt to contract users.
On the medium-sulphur petroleum coke market, major enterprises didn't make price adjustment, purchases from the downstream maintained stable. Local refineries didn't feel pressure in selling products. Meanwhile, local refineries made aggressive gains and had nearly zero existing inventory.
On the high-sulphur petroleum coke side, major enterprises ran steady and kept stable consumption of goods itself and exports as well. Local refineries made adjustment to price according to product indexes.
As of April 29, prevailing prices of 1#A are 1,000-1,100 yuan/mt; 1#B are 950-1,000 yuan/mt; 4#A are 1,150 yuan/mt at Sinopec and 1010-1,100 yuan/mt at local refineries; 2#B are 980-1,080 yuan/mt at Sinopec and 900-950 yuan/mt at local refineries; 3# are 920-1,000 yuan/mt at Sinopec and 720-860 yuan/mt at local refineries; 4#-5# are prevailingly 500-760 yuan/mt at Sinopec.
The sales of calcined petroleum coke this month was rather smooth. Although the price of PetroChina Jinxi Petrochemical's petroleum coke declined, other calcined petroleum coke makers didn't follow the move for the time being.
Price from local refineries continued to go up. Currently, medium-and high-sulphur calcined petroleum coke market were under heavy pressure in terms of cost. Downstream electrolytic aluminium market stood at a high level and the production was stable, which offered stable support to calcined petroleum coke.
Its downstream market continued to improve. However, as the downstream face tight capital flow, it is hard for calcined petroleum coke makers to negotiate and settle on a price with downstream sector. Hence, despite their intentions, it is difficult to raise the price.
On the low-sulphur petroleum coke market, market performance of all major groups performed steady this week; refineries continueD to offer discounts of around 100 yuan/mt to contract users.
On the medium-sulphur petroleum coke market, major enterprises didn't make price adjustment, purchases from the downstream maintained stable. Local refineries didn't feel pressure in selling products. Meanwhile, local refineries made aggressive gains and had nearly zero existing inventory.
On the high-sulphur petroleum coke side, major enterprises ran steady and kept stable consumption of goods itself and exports as well. Local refineries made adjustment to price according to product indexes.
As of April 29, prevailing prices of 1#A are 1,000-1,100 yuan/mt; 1#B are 950-1,000 yuan/mt; 4#A are 1,150 yuan/mt at Sinopec and 1010-1,100 yuan/mt at local refineries; 2#B are 980-1,080 yuan/mt at Sinopec and 900-950 yuan/mt at local refineries; 3# are 920-1,000 yuan/mt at Sinopec and 720-860 yuan/mt at local refineries; 4#-5# are prevailingly 500-760 yuan/mt at Sinopec.
The sales of calcined petroleum coke this month was rather smooth. Although the price of PetroChina Jinxi Petrochemical's petroleum coke declined, other calcined petroleum coke makers didn't follow the move for the time being.
Price from local refineries continued to go up. Currently, medium-and high-sulphur calcined petroleum coke market were under heavy pressure in terms of cost. Downstream electrolytic aluminium market stood at a high level and the production was stable, which offered stable support to calcined petroleum coke.
Its downstream market continued to improve. However, as the downstream face tight capital flow, it is hard for calcined petroleum coke makers to negotiate and settle on a price with downstream sector. Hence, despite their intentions, it is difficult to raise the price.
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