SunSirs: On March 25, the Price of Refined Petroleum Coke Rose Sharply
March 28 2022 09:35:58 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of petroleum coke from local refiners rose sharply on March 25. The average market price in Shandong was 4,851.25 RMB/ton, an increase of 1.46% from the price of 4,781.25 RMB/ton on March 24.
Analysis review
On the 25th, refinery petroleum coke prices pushed up sharply and traded well. The price of downstream electrolytic aluminum fell slightly, and the price of calcined coke rose. Refinery stocks are under no pressure and shipments are active. At present, the overall epidemic in Shandong has little impact, downstream carbon companies have resumed work one after another, and the market has good demand for petroleum coke, pushing up the price of petroleum coke.
Market outlook
It is expected that the price of petroleum coke may continue to rise in the near future.
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