According to the commodity analysis system of SunSirs, the market for locally refined petroleum coke saw a slight increase at the end of September. As of September 30th, the price of locally refined petroleum coke in the Shandong market was 2,383.25 RMB/ton, an increase of 1.09% from 2,357.50 RMB/ton on September 22nd.

The recent decline in crude oil prices is mainly due to OPEC+ plan to continue increasing production in November, as well as the resumption of crude oil exports from the Kurdish region of Iraq, resulting in a decrease in international oil prices.

Recently, the petroleum coke market has seen a slight increase, with most refineries stabilizing prices and executing orders before the holiday. The price of petroleum coke has fluctuated in recent times. Recently, the shipment of petroleum coke from ports has been acceptable, while the price of sponge coke has slightly increased.

Recently, the market for calcined coke has risen, with new orders signed at the end of the month, and manufacturers showing a strong willingness to increase prices for new orders.

Currently, orders for manufacturers during the holiday period have basically been signed, and downstream purchases are mainly based on demand. After the holiday, there may be an increase in procurement demand, and it is expected that petroleum coke will rise slightly.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.