SunSirs--China Commodity Data Group

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SunSirs: Petroleum Coke Inventory in Domestic Ports has been High for a Long Time

March 29 2023 09:37:41     

The latest price of petroleum coke (3-27): 2151.50 RMB / ton, the market outlook is bearish

Key points of analysis: At present, the inventory of petroleum coke in domestic ports has been at a high level for a long time, the market supply is sufficient, and the downstream demand side purchases are seriously insufficient, and the market is oversupplied. The situation of oversupply in the domestic market will continue in the near future; Inventory, downstream enterprises are cautious in purchasing, and their enthusiasm for entering the market is not good.

Forecast of the market outlook: Petroleum coke refining in the near future may continue to decline.

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