On November 12th, Wudi Xinyue Petroleum Coke quoted 1,803 RMB/ton, a decrease of 100 yuan/ton from the previous trading day, with a sulfur content of about 5.0%. The delayed coking unit has a capacity of 600,000 tons/year and a daily output of 400 tons.
The article reports that the price of Wudi Xinyue petroleum coke has been lowered by 100 RMB/ton to 1,803 RMB/ton compared to the previous trading day, a decrease of about 5.3%. Coupled with high sulfur content (5.0%) and production capacity information (daily output of 400 tons), it indicates sufficient supply and weak demand. This poses a significant negative impact on the spot price of petroleum coke, and it is expected that the price will continue to be under pressure in the short term.
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