Chinacarbon News: This week, petroleum coke market basically maintained stable. Sinopec’s low-sulphur petroleum coke didn’t show much of change while high-sulphur petroleum coke posted an increase of 20-40 yuan/mt. PetroChina reported Liaoyang Petrochemical quoted 2#B petroleum coke at 1,550 yuan/mt, decreasing 100 yuan/mt; Yumen refinery’s quote went up 50 yuan/mt to 1,730 yuan/mt, and downstream sectors are quite active in taking in goods. On local refineries side, it will continue to stay stability. Currently, 2# petroleum coke from Shandong local refineries is traded at 1,550-1,600 yuan/mt, 2#B petroleum coke 1,450-1,500 yuan/mt, 3# petroleum coke 1,300-1,400 yuan/mt, high-sulphur petroleum coke 1,200-1,260 yuan/mt, high-ash coke 1,000 yuan/mt.
This week calcined petroleum coke market posted stable performance and a stop to declining streak in price. Sinopec made adjustments to petroleum coke prices at some of its refineries, which helped enhance prop for calcined petroleum coke in terms of cost fundamentals. Demand from downstream remained insipid and will continued to maintain moderate and stable in the near future. As of this week, low-sulphur calcined coke in northeast region were traded at 2,400-2,800 yuan/mt at low-end level, 3,200-3,500 yuan/mt at high end level; medium-sulphur calcined coke were traded at 2,000-2,500 yuan/mt in north China, 1,900-2,300 yuan/mt in Shandong; high-sulphur calcined coke were traded at 1,800-2,000 yuan/mt at mainstream level.
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