CC News: In March, domestic petroleum coke market remained constricted by negative factors. Major changes still come form local refineries market, and Sinopec's inventories are getting heavier noticeably.
By calculation, the average price of petroleum coke on March 27 drop 10 yuan/mt compared to on March 20, reaching 1,221 y/t.
On the low-sulphur petroleum coke market, PetroChina's market continued to maintain steady thanks to current rather low operating rate and low level of inventories.
On the medium-sulphur petroleum coke market, Sinopec's market held steady temporarily, local refineries faced unstopped downward. However, prices in northwest market hold firmly.
On the high-sulphur petroleum coke market, local refineries market went through downward adjustment and Sinopec's market remained under pressure.
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