SunSirs: China Refining Petroleum Coke Market has Slightly Increased Recently
September 02 2025 11:14:10 SunSirs (Selena)
According to the commodity analysis system of SunSirs, the market for locally refined petroleum coke has slightly increased recently. As of September 1st, the price of locally refined petroleum coke in the Shandong market was 2,440.00 RMB/ton, an increase of 1.14% from 2,412.50 RMB/ton on August 25th.
Recently, crude oil prices have fluctuated and risen, and the peak season for traditional fuel consumption in the United States is coming to an end. Coupled with the ongoing negotiations between Russia and Ukraine, the crude oil market is showing a downward trend.
Recently, the shipment of petroleum coke has been good, and the inventory of refineries is low; Downstream enterprises still have a demand for petroleum coke procurement: downstream aluminum carbon has a stable demand for petroleum coke, the negative electrode material market mainly purchases petroleum coke on demand, and graphite electrode enterprises have low production enthusiasm and limited petroleum coke procurement. Recently, the shipment of petroleum coke from ports has been acceptable, with an increase in spot goods at ports and a slight decline in coke prices.
Currently, the trading in the local refined petroleum coke market is still acceptable, with downstream procurement being the main demand, which still provides support for the petroleum coke market. It is expected that petroleum coke will mainly consolidate in the near future.
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