ICC News: Petroleum coke market performed steadily on the whole in April. Specifically, early this month, on the low-sulphur petroleum coke market, PetroChina's Dagang Petrochemical coking facilities underwent maintenance, and there wasn't adjustment to the northeast market.
On the medium-sulphur petroleum coke market, resources from Sinopec and northwest maintained low level, and local refineries continued to carry out preferential plans for contract clients.
On the high-sulphur petroleum coke market, Sinopec hasn't revealed the margin of price-altering settlement yet, and local refineries maintained wait-and-see stabilizing.
In the mid month, PetroChina's Dagang Petrochemical' coking facilities remained in maintenance and Petrochina's low-sulphur petroleum coke market continued to maintain steady.
In the medium-sulphur petroleum coke market, Sinopec saw 20-40 yuan/mt dip in price; northwest regions recorded stable performance; and local refineries continued to maket downward adjustments to selling prices.
On the high-sulphur petroleum coke market, Sinopec offered 50-60 yuan/mt discount and several refineries even saw price dropping by 80-100 yuan/mt, while local refineries maintained stabilizing in wait-and-see.
In late April, on the low-sulphur petroleum coke market, PetroChina's Dagang Petrochemical' coking facilities remained in maintenance, but the downstream sector wasn't keen on taking in commodities.
On the medium-sulphur petroleum coke market, Sinopec's price dipped 30-50 yuan/mt, northwest saw the downstream sector make purchases based on their needs and settlement prices at local refineries continued to go downward.
On the high-sulphur petroleum coke market, Sinopec offered 50-70 yuan/mt discount and price drop even reach 80-100 yuan/mt at several refineries, and resources at local refineries improved.
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