ICC News: Overall petroleum coke market was warming up this month. Early this month, overall market was going upward, with individual groups presenting varying performance. Both Sinopec and CNOOC see price go up steady and PetroChina has bottomed out, while local refineries presented mixed performances due to restrictions by factors like heavy stockpiles, logistics and transportations. In low-sulphur petroleum coke market, northeast regions see 1# petroelum coke bottomed out. In medium-sulphur petroleum coke market, Sinopec recorded an overall price rise of 30 yuan/mt and local refineries showed mixed performances in price. In high-sulphur petroleum coke market, Sinopec market logged a universal 20 yuan/mt of rise, and local refineries saw mild price hike as well in the wake. In the middle of the month, in low-sulphur petroleum coke market, 1# petroleum coke price was on consecutive rise, and refineries that didn't participate it before are set to catch up with the trend in succession. In medium-sulphur petroleum coke market, Sinopec maintains interim steady following price hike, while local refineries are gradually getting out of wood. In high-sulphur petroleum coke market, Sinopec market is steady at the moment, while Dongming Petrochemical on the local refinery side made mild price rise to test the market. Late February, in low-sulphur petroleum coke market, steel-making carbon enterprises that were on hold made plans to resume production. !# petroleum come market continued to go up on improved demand. In medium-sulphur petroleum coke market, Sinopec performed steadily. In high-sulphur petroleum coke market, Sinopec market remained steady at the moment, while Dongming Petrochemical on the local refinery side started to cut price.
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