calcined petroleum coke as carbon raiser

1. Price data of calcined petroleum coke as carbon raiser

This week (8.5-8.9), the price of refined petroleum coke as carbon raiser fluctuated downward. According to the data from the business agency’s bulk list, the mainstream average price of calcined petroleum coke as carbon raiser products from domestic refiners was 1,282.50 yuan/ton at the beginning of the week, 1,266.40 yuan/ton on weekends, and 16.10 yuan/ton during the week, with a weekly increase or decrease. -1.26%.

The calculated petroleum coke as carbon commodity index on August 9 was 98.50, a decrease of 0.31 points from yesterday, a decrease of 36.69% from the highest point during the period of 155.59 points (2018-01-25), and a decrease of 36.69% from the lowest point of 66.89 on March 28, 2016. The points rose by 47.26%. (Note: Period refers to 2012-09-30 to present)

2. Analysis of influencing factors of calcined petroleum coke as carbon raiser

Products: Petroleum coke is generally traded this week, some refineries have cut prices for shipments, and some refineries have high inventories. Dongming Petrochemical’s coking plant is expected to start next week, and the market supply will increase substantially. This week, the price of calcined petroleum coke as carbon raiser will be lowered by RMB 20-50/ton.

Industry chain: Upstream: According to the monitoring of the business agency, US WTI crude oil was US$55.66/barrel at the beginning of the week and US$52.54/barrel at the weekend, with a weekly increase or decrease of -5.61%; Brent crude oil was at US$61.89/barrel at the beginning of the week. It was $57.38/barrel over the weekend, with a weekly increase or decrease of -7.29%. The turbulent trade situation, the growth of US crude oil inventories and the extension of South Africa’s sanctions waivers have affected the trend of international crude oil. Downstream: Carbon companies, calcined coke and electrolytic aluminum markets have no obvious favorable support, and they mostly purchase on demand. According to the data of the business agency, as of August 9th, the average market price of aluminum (99.70) was 13,953.33 yuan/ton.

Industry: According to the price monitoring of the business agency, in the 31st week of 2019 (8.5-8.9), there are 2 commodities in the energy sector that rose month-on-month. The top 2 commodities were methanol (2142, -7.00, -). 0.33%) (2.89%), liquefied gas (0.44%). A total of 12 commodities fell month-on-month, and a total of 2 commodities fell more than 5%, accounting for 12.5% of the number of monitored commodities in this sector; the top 3 products that fell were Brent crude oil (-7.29%) and WTI crude oil (-5.61) %), diesel (-1.96%). The average increase and decrease this week was -1.11%.

Calcined petroleum coke as carbon raiser analysts predict that the calcined petroleum coke as carbon raiser market fluctuated down this week. At present, some refineries have high inventories. It is expected that the Dongming Petrochemical coking plant will start next week, and the market supply will increase, and The downstream of calcined petroleum coke as carbon raiser is not obviously positive. The price of calcined petroleum coke as carbon raiser is expected to decline slightly next week, and the price range may be around 1200-1300 yuan/ton.