According to the commodity analysis system of Shengyi Society, the market for locally refined petroleum coke has significantly declined this week. As of December 26th, the price of locally refined petroleum coke in the Shandong market was 2540.75 yuan/ton, an increase of 3.99% from 2443.25 yuan/ton on December 22nd.

This week, the international crude oil market has risen, mainly due to the continued tense atmosphere of the US Venezuela situation, as well as the increasing instability of the Russia Ukraine situation. Concerns about potential supply risks are difficult to dispel, and international oil prices have risen.
This week, the overall market for refined petroleum coke has risen, with average shipments from refineries. Refinery petroleum coke prices have fluctuated, and some refineries have adjusted their indicators, resulting in significant changes in coke prices with the indicators; Downstream procurement is mainly based on demand, with limited support for the petroleum coke market. This week, there were many ships in the port, with high sulfur sponge coke being the most common. The shipping speed at the port was slower, and the inventory of petroleum coke at the port increased slightly.
This week, the market for medium and high sulfur calcined coke saw a slight increase, mainly due to the rise in upstream petroleum coke prices. Downstream procurement remained cautious, and companies were cautious about new orders. The price of medium and high sulfur calcined coke remained stable.
Market forecast: Currently, the transaction volume of petroleum coke in the local refining industry is average, and downstream aluminum carbon enterprises are operating well overall. The procurement of petroleum coke remains stable, and the demand for pre baked anodes is relatively stable. It is expected that petroleum coke will be consolidated in a narrow range in the near future.