According to the commodity analysis system of SunSirs, the market for locally refined petroleum coke has continued to rise recently. As of November 3, the price of locally refined petroleum coke in the Shandong market was 2,845.75 RMB/ton, an increase of 1.88% from 2,793.25 RMB/ton on October 27.

Recently, international crude oil prices have risen slightly. Due to the decline in commercial crude oil inventories in the United States and the positive signals released by the results of economic and trade negotiations between China and the United States, the United States may take action against Venezuela and increase supply risks, leading to an increase in international oil prices.

Recently, the market for refining petroleum coke has continued to rise, with active shipments from refineries. The price of petroleum coke has fluctuated in recent times. Recently, some refineries have adjusted their indicators, and coke prices have shown significant changes with the indicators; Downstream procurement is active, supporting the petroleum coke market, and refinery shipments are still acceptable. Recently, the inventory of petroleum coke in ports has continued to decline, and some imported petroleum coke sources are tight. Traders have suspended quotations, and sponge coke prices have risen, resulting in good market trading.

Recently, the market for medium sulfur calcined coke has risen, and the price of raw petroleum coke continues to rise. The cost of calcined coke is under significant pressure, and downstream procurement is cautious.

At present, the shipment of refined petroleum coke is good, and the inventory of petroleum coke in ports continues to decline; In addition, the benchmark price for pre baked anode procurement increased in November, and downstream carbon enterprises and negative electrode material markets actively stocked up, which is favorable for the petroleum coke market. It is expected that the petroleum coke market will continue to rise in the near future.

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