Petroleum Coke Market Analysis(March 21, 2025)

Analysis of domestic petroleum coke index

According to TDD, on March 20, the domestic mainstream petroleum coke 2# B index was 4057.67, an increase of 30 from yesterday; The 3# B price index was at 3086, up 97 from yesterday; The high sulfur coke market index was at 2425, down 33.33 from yesterday, and the 1# price index was at 4558; The 2# price index is at 4425.

The market price of domestic petroleum coke in the mainstream region
Today, the transaction performance of the domestic petroleum coke market is acceptable, the price of main sulfur coke is stable, and the quotations in some regional markets are adjusted in a narrow range with different quotations. The overall price of model coke in Shandong is strong, and the price in Dongying is 2450-3470 yuan/ton, and the price of 2B is 90 yuan/ton higher than yesterday. The price in Rizhao was reported to 2450-3080 yuan/ton, Weifang was around 2450-3080 yuan/ton, the price of 3B was raised by 190 yuan/ton compared with yesterday, and 3C, 100 yuan/ton. The price of Shanghai 4B in East China was 1700 yuan/ton, down 90 yuan/ton from yesterday, the market transaction performance was average, and the mainstream coke sale was acceptable.

Forecast for the future market

Recently, the refinery shipment situation is good, and the downstream enthusiasm for receiving goods is acceptable. At present, the procurement mentality of the aluminum carbon market has rebounded, the end market demand is stable, and the support for petroleum coke shipments is acceptable. In addition, the refinery has begun to overhaul one after another, so overall supply of petroleum coke has declined, and the mainstream coke prices in the local market are expected to remain stable in the short term, and the transaction prices of some refineries still have room to rise. In the later stage, it is necessary to pay attention to the operation of the on-site equipment and the follow-up of downstream demand.