Petroleum coke market monthly report（3.1-3.30）

Chinacarbon News: This month, overall petroleum coke market remained stable. Sinopec didn’t launch preferential measures at the end of month. CNOOC Huizhou Petrochemical and Zhoushan Petrochemical continued to conduct sales through price opening measures, with price being at around 1,600 yuan/mt. On PetroChina side, 1# petroleum coke sales were in good condition as a result of favorable backing from maintenance plans at Jinzhou Petrochemical and Daqing Petrochemical. On local refineries side, Shandong local refineries reported improvements in overall shipping, and it will still take some time for a complete rally; right now, reducing backlogged stocks from previous time remains main priorities for most of the refineries. At present, Shandong local refineries’ 2# petroleum coke is traded at 1,510-1,600 yuan/mt, 2#B petroleum coke 1,400-1,450 yuan/mt, 3# petroleum coke 1,300-1,350 yuan/mt, high-ash coke 1,000-1,030 yuan/mt.