SunSirs: Petroleum Coke is Expected to Decline in the Near Future

https://www.chemnet.com   Mar 27,2023 SunSirs

　　On March 20, the benchmark price of petroleum coke in SunSirs was 2601.50 RMB/ton, which was -9.17% lower than that at the beginning of this month (2864.00 RMB/ton).

　　SunSirs analysts believe that international crude oil has plummeted this week, and the cost support of petroleum coke is limited; at present, the inventory of petroleum coke in domestic ports has been high for a long time, the market supply is sufficient, and there is a strong wait-and-see mood; local refining companies are actively destocking, downstream companies are cautious in purchasing, and they are active in entering the market Poor. It is expected that the refining of petroleum coke may decline in the near future.

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