1. Price data

According to the bulk list data of the SunSirs, the domestic refinery oil coke product prices continue to rise, April 30, the average price of the Shandong market is 2125.00 RMB/ton, compared to April 26, the average price of petroleum coke market is 2063.00 RMB/ton, the price rose 3.01%, 101.42% year-on-year. On April 30, the oil coke commodity index was 165.28, 2.49 points higher than yesterday, setting a new historical high within the cycle, and 147.09% higher than the lowest point of 66.89 points on March 28, 2016. (Note: The period refers to 2012-09-30 till now)

2. Analysis of influencing factors

This week, the storage of locally refined petroleum coke was low, and the price continued to rise. The demand for low sulfur coke downstream is stable, and the price is stable at a high level. The price of medium and high sulfur coke continues to rise due to the rising price of electrolytic aluminum, partial maintenance of refineries, and dual effects of supply and demand.

Upstream: the sharp rise in international oil prices, the strong performance of US economic data, and the weakness of the US dollar, combined with the expectation of demand recovery, overshadowed the market's worry about the epidemic situation in India and other places.

Downstream: the rising price of petroleum coke leads to the pressure on carbon enterprises' shipment; the price of calcined coke increased slightly; As of April 30, the price of downstream electrolytic aluminum was 18850.00 RMB / ton; The silicon metal market is temporarily stable.

Industry: according to the price monitoring of the business community, in the 17th week of 2021 (4.26-4.30), 12 kinds of commodities in the energy sector rose on a month on month basis, including 1 kind of commodity that rose by more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; The top three commodities were WTI crude oil (5.14%), coke (4.81%) and petroleum coke (3.01%). Three kinds of commodities declined on a month-on-month basis, and the top three products were liquefied gas (- 2.56%), MTBE (- 1.27%), and liquefied natural gas (- 0.11%). The average rise and fall this week was 1.25%.

Analysts of petroleum coke from SunSirs agency think that: the storage of petroleum coke from local refining is low, the market supply and demand are good at present, the price of electrolytic aluminum rises sharply, and it is expected that petroleum coke will be stable and upward after the festival.

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