SunSirs: At present, the Domestic Supply of Petroleum Coke is Relatively Sufficient

According to the commodity analysis system of SunSirs, the price of local petroleum coke has fluctuated recently, and the overall market has fallen. As of June 3, the price of local petroleum coke in Shandong market was 2225.00 RMB/ton, down 2.20% from 2275.00 RMB/ton on May 26.

The recent crude oil market has fluctuated upward. On the one hand, the United States has increased its oil restrictions on a certain country, and the international oil price trend has risen due to the impact of the Palestinian-Israeli conflict and other issues; on the other hand, as the Sino-US tariff issue has eased, the crude oil market has fluctuated and risen.

Recently, the shipment of local petroleum coke has been average, the market has a strong wait-and-see sentiment, the price of petroleum coke has fluctuated, and the price of refinery petroleum coke has changed significantly with the index. At present, the downstream has a strong wait-and-see sentiment, and purchases are mainly on demand.

The recent port petroleum coke transactions are average, and the price is mainly stable. Recently, petroleum coke has arrived at the port one after another, the market inventory is sufficient, and downstream companies maintain rigid demand purchases.

The recent calcined coke market is mainly stable, the downstream purchasing enthusiasm of medium and high sulfur calcined coke is not good, the company's shipments are slightly weak, and the calcined coke market is consolidating.

Forecast for the future market: At present, the domestic supply of petroleum coke is relatively sufficient, and the downstream purchasing enthusiasm is limited. It is expected that the local petroleum coke market will be mainly consolidated in the near future.

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