calcined petroleum coke 98.5%
1. 98.5% price data of calcined petroleum coke
This week (9.2-9.6) the price of calcined petroleum coke fluctuated downward. According to data from the business agency’s bulk list, the mainstream average price of calcined petroleum coke products from domestic refiners was 1,32.80 yuan/ton at the beginning of the week, and 1,242.20 yuan/ton on weekends. The price increased by 9.40 yuan/ton during the week, and the weekly increase or decrease was 0.76%.
The Petroleum Coke Commodity Index on September 6 was 96.62, an increase of 0.32 points from yesterday, a decrease of 37.90% from the highest point in the cycle of 155.59 points (2018-01-25), and an increase from the lowest point of 66.89 points on March 28, 2016. 44.45%. (Note: Period refers to 2012-09-30 to present)
2. Analysis of influencing factors of calcined petroleum coke 98.5%
Products: This week, the shipment of calcined petroleum coke from the local refinery was stable, the price remained stable as a whole, and the inventory remained at a mid-to-low level.
Industry chain: Upstream: According to the monitoring of the business agency, the US WTI crude oil was US$55.10/barrel at the beginning of the week and US$56.30/barrel at the weekend, with a weekly increase or decrease of 2.18%; Brent crude oil at the beginning of the week was US$60.43/barrel at the weekend. For 60.95 US dollars / barrel, the weekly increase and decrease was 0.86%. Tensions in international trade relations, US crude oil production and a boost in inventories have affected the trend of international crude oil. Downstream: During the pre-holiday stocking stage of September, carbon companies basically received the goods as planned. The trading of calcined coke was basically stable this week. The electrolytic aluminum market has no obvious favorable support, and more purchases are based on demand. According to business agency data, as of September 6, the average market price of aluminum (99.70) was 14413.33 yuan/ton.
Industry: According to the price monitoring of the business agency, in the 35th week of 2019 (9.2-9.6), there are 9 commodities in the energy sector that have increased month-on-month. Among them, there are 1 commodities that have increased by more than 5%, accounting for 6.3% of the number of monitored commodities; the top 3 commodities with an increase were dimethyl ether (5.56%), methanol (4.81%), and MTBE (4.43%). There were 5 commodities that dropped from the previous month. The top 3 products were coke (-3.74%), coking coal (-1.36%), and liquefied gas (-0.63%). The average increase and decrease this week was 1.05%.
3. Calcined petroleum coke 98.5% outlook forecast
An analyst from the business agency calcined petroleum coke predicts that the market price of calcined petroleum coke will increase slightly this week, and the current refinery inventory is low. Carbon companies basically receive goods as planned. The calcined coke and electrolytic aluminum markets have no obvious positive support, and more on demand Purchasing oriented. It is expected that the price of calcined petroleum coke in the local refinery will remain stable next week, and some companies will fluctuate slightly, and the price range may be around 1200-1300 yuan/ton.