SunSirs: The Price of Petroleum Coke has not Fluctuated Much Recently

https://www.chemnet.com   Apr 04,2023 SunSirs

　　On April 3, the benchmark price of petroleum coke in SunSirs was 1626.50 RMB/ton, which was the same as that at the beginning of this month.

　　SunSirs analysts believe that SunSirs petroleum coke analysts predict that: the current domestic port petroleum coke inventory has been high for a long time, the operating rate of domestic delayed coking units is stable, the market supply is sufficient, the downstream demand side purchases are limited, and the market is oversupplied. The situation of oversupply will continue, local refining companies actively cut prices to remove inventory, prices continued to plummet in late March, and some local refining companies closed their stocks to wait and see. On the 31st, the refined petroleum coke market was mixed, and the decline eased. It is expected that the refined petroleum coke will be mainly weak in the near future.

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