ICC News: Petroleum coke market maintains stable by and large this week. Prices at Sinopec and PetroChina, two major enterprises with main business in petroleum coke, didn’t present adjustment for the time being. PetroChina’s refineries report regular performance in shipments and don’t have stress from inventories. The sales of Sinopec’s low-and medium-sulphur coke are stable while high-sulphur cokes remain under severe pressure for moving products. On the backing of solid demands and free of stress from inventories, prices will maintain stable in recent time.
As regards calcined coke market, the prices maintain stable in weak situation as supported by stabilizing petroleum coke market which comprises enterprises with main business in petroleum coke as well as persistent slight rebound in local petroleum coke refinery market over the recent time. With downstream demands remaining lukewarm, calcined coke enterprises are operating based on sales performance and the situations concerning production cuts are unchanged. To date, in northeast region, mainstream trade prices for low-sulphur calcined coke are 2,200-2,650 yuan/mt on the lower end and 2,800-3,000 yuan/mt on the higher end; medium-sulphur calcined coke are 1,800-2,400 yuan/mt in north region and 1,700-2,200 yuan/mt in Shandong; high-sulphur calcined coke are 1,600-1,800 yuan/mt.
CONTACT US
ICC APP
