SunSirs: Petroleum Coke Downstream Procurement Enthusiasm has Decreased These Days
May 31 2023 14:15:43On May 29, the benchmark price of petroleum coke of SunSirs was 2021.50 RMB/ton, up 9.92% compared with 1839.00 RMB/ton at the beginning of this month.
Analysts from SunSirs believe that the stock of raw material petroleum coke of downstream enterprises engaged in local refining of petroleum coke this week is at a low level, and the downstream demand better supports the petroleum coke market; Refineries will gradually shut down for maintenance, and market supply will continue to decrease; However, as the price of refinery petroleum coke rises, the enthusiasm of downstream procurement decreases, and it is expected that petroleum coke will be mainly refined in the near future.
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