SunSirs: China Domestic Refined Petroleum Coke Continued to Rise in September

According to the bulk list data of SunSirs, the mainstream average price of petroleum coke products of major domestic refiners in September was 2,632.50 yuan / ton at the beginning of the month and 3,358.50 yuan / ton at the end of the month, with an increase of 726.00 yuan / ton within the month and a monthly increase of 27.58%.

On September 30, the commodity index of petroleum coke was 261.22, down 0.97 points from yesterday, down 0.37% from the highest point 262.19 in the cycle (2021-09-29), and up 290.52% from the lowest point 66.89 on March 28, 2016. (Note: the period refers to the period from September 30, 2012 to now)

In September, refined petroleum coke continued to rise. Recently, the local refineries have delivered well, the supply of petroleum coke has decreased, the refinery inventory is low, the downstream demand is good, the trading is positive, and the local petroleum coke price continues to rise.

Industry: according to the price monitoring of SunSirs, in the list of commodity prices rising and falling in September 2021, there were 15 commodities rising month on month in the energy sector, including 12 commodities rising by more than 5%, accounting for 75% of the monitored commodities in the sector; The top three commodities were thermal coal (51.66%), methanol (38.15%) and DME (33.12%). A total of one commodity fell month on month, and the product of decline was LNG (-7.53%). The average rise and fall last month was 16.2%.

SunSirs petroleum coke analyst predicts that the market price of local refined petroleum coke will continue to rise in September, mainly due to the reduction of petroleum coke supply, low refinery inventory, good downstream demand and positive trading. It is comprehensively expected that petroleum coke may rise steadily in October.

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