Petroleum Coke
Size
According to your requirements
Package
25 kg small bags into ton bags or ton bags
Features
Low ash content and low boiler ash discharge, etc.
Application
Depending on its quality, petroleum coke can be used in industries such as graphite, smelting and chemical industry, etc
Petroleum coke, as a byproduct of petroleum, is produced in the process of petroleum processing, that is, the crude oil is distilled to separate light and heavy oil, and the heavy oil is converted into petroleum coke by hot cracking. If petroleum coke can be obtained directly from petroleum processing, then the petroleum coke is raw coke or ordinary coke. Petroleum coke has irregular shape, dark gray or black, porous structure and metallic luster.
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In May, the trading of domestic petroleum coke market slowed down, and the price of petroleum coke showed a trend of polarization. Delayed maintenance in the early stage, coker units started to resume production one after another, petroleum coke supply continued to increase, demand-side procurement operation slowed down, supply and demand-side affected coke prices of lower branch refineries from rising to falling, and downstream wait-and-see mentality increased.
According to the statistics of Longzhong’s information, the average operation rate of domestic delayed coking units in May was 62.36%, up 0.44% month on month and down 2.79% year on year. In the first ten days of May, the operation rate of delayed coking units continued to decline, in which the operation rate of main refineries dropped to 61.74% and that of local refineries dropped to 59.89%. From the end of the last ten days, coke production started in the inspection and refining plants one after another, and the operation rate of domestic delayed coking units increased continuously. On the whole, the delayed coking units of domestic refineries started in May, and the operation rate of coking units picked up.
According to the statistics and analysis of Longzhong information, the total domestic production of petroleum coke in May was 2.2676 million tons, an increase of 122100 tons or 5.69% compared with April, and a decrease of 125300 tons or 5.24% compared with the same period last year.
It can be seen that the output of petroleum coke increased to varying degrees in May. The output of Sinopec and local refineries increased significantly. The output of local refineries in May was 1018100 tons, accounting for 45% of the total output; Sinopec’s output is 857900 tons, accounting for 38% of the total output. The output of petroleum coke of PetroChina and CNOOC refineries is stable. The delayed coking unit of Fushun Petrochemical Company of PetroChina started to produce coke on May 23, and the output of low sulfur coke of PetroChina increased slightly.
Compared with the average price in April, the price of domestic cooking materials in May increased by 122 yuan/ton to 3050 yuan/ton. The average monthly price of local petroleum coke rose 207 yuan/ton to 2238 yuan/ton. The prices of gasoline, diesel, and coker gas oil also increased significantly compared with April. In May, the average delayed coking profit of Shandong Di Lian was 337 yuan/ton, up 99 yuan/ton from 238 yuan/ton last month, and 302.35 yuan/ton from 34.65 yuan/ton in the same period last year.
Future forecast
In June, the domestic inspection and repair plants continued to resume production, the output of petroleum coke continued to increase, and the operation rate of delayed coking units remained at about 62.5%. The market entry attitude of the demand side is more cautious, and the price of prebaked anode rises again in June, which still has some positive support for the aluminum carbon market. It is expected that most of the petroleum coke market in June will focus on consolidation and operation, and the coke price of some refineries may still be adjusted in a narrow range.
