Petroleum Coke Market Analysis(February 20, 2025)

Analysis of domestic petroleum coke index

According to TDD, on February 18, the domestic mainstream petroleum coke 2# B index was 5443.33, which was stable compared with yesterday, and the 3# B price index was 3846, up 15 from yesterday; The high sulfur coke market index was at 2745, up 71.67 from yesterday, the 1# price index was at 5808.0, and the 2# price index was at 5100, which was stable compared with yesterday.

The market price of domestic petroleum coke in the mainstream region

Today, the trading atmosphere of the domestic petroleum coke market is moderate, and the price of coke in the market is stable, and the refinery is actively selling products. The price of coke in Shandong fell in a narrow range, and the price in the Dongying area was 3000-5330 yuan/ton, down 100-200 yuan/ton from yesterday. Affected by the inventory, the price was lowered; The price in Rizhao was reported to 3150-3800 yuan/ton, Weifang, 3150-3800 yuan/ton, 3B was lowered by 200 yuan/ton compared with yesterday, and 3C was lowered by 50 yuan/ton compared with yesterday. Central China is running strongly, coke prices in different regions have risen differently, and the price in Hunan has been quoted to 5370 yuan/ton, an increase of 30 yuan/ton from yesterday; The price in Hubei is around 4160-5820 yuan/ton, an increase of 45-120 yuan/ton from yesterday; Shanghai 4B in East China was quoted at 2165 yuan/ton, up 40 yuan/ton, and the transaction performance was good.

Forecast for the future market

Except for a slight adjustment in the capacity of individual refineries, other units have been running smoothly and the supply of petroleum coke in the mainland has been stable. At present, the trading atmosphere of the low-sulfur market is good, and the purchasing enthusiasm of aluminum carbon enterprises is acceptable. In the field of graphite electrodes, the purchase is mainly needed, and the market for steel carbon is average. Sales of medium and high sulfur index goods are stable, and there is no pressure for the time being. It is expected that the market price of low-sulfur coke will remain stable in the short term, and the market price of medium-high sulfur coke will operate strongly.