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.
Request a quote
2021 can be described as a highlight of petroleum coke products. From constantly surpassing history to refreshing history, looking back at today at the end of September, all yesterday’s high prices have been trampled under their feet, and all the previous big rises seem insignificant. Personally, He Qi was lucky to have witnessed the historical high prices of PetroChina low sulfur petroleum coke and ground refined petroleum coke in the past few years. Let’s take a look at what changes have taken place behind the rise in the price of petroleum coke.
First, let’s take local petroleum coke as an example to see the trend of domestic petroleum coke price since this year. In 2020, the average annual price of Dilian 3B petroleum coke was 1223 yuan/ton. The highest price in the year was 1645 yuan/ton in mid-November, and the second-highest price was 1578 yuan/ton in late February. However, the high price was a flash in the pan during the epidemic and there was no deal; The lowest price in the year appeared in late April after the epidemic, and the price was 814 yuan/ton. In 2020, last year, the price fluctuation range of Dilian 3B petroleum coke was 814-1645 yuan/ton, and the difference between high and low prices was 831 yuan/ton. From January to September 2021, the average price of 3B petroleum coke of Di Lian was 2280 yuan/ton, and the price showed a unilateral upward trend during the year. The lowest price was 1534 yuan/ton at the beginning of January, and the highest price was 3601 yuan/ton at present. Up to now, the increase in the year has been as high as 2058 yuan/ton, of which the price increase since September has been as high as 815 yuan/ton.
From the perspective of the profit of local refining delayed coking unit since 2020, the profit of singleton raw material processing has been higher than 600 yuan/ton twice. It first appeared in the early stage of economic recovery after China’s epidemic, which coincided with the sharp decline of international crude oil prices and the high profits of various units of refineries. At that time, the price of petroleum coke was at a low point. According to the calculation of Longzhong information, as of Thursday, the theoretical profit of the local refining delayed coking unit was 648 yuan/ton, reaching the highest point since 2021. Different from the previous time, the emergence of high profit this time, petroleum coke as a by-product of delayed coking unit has played a major role. The price of the raw material residue of the delayed coking unit is 3550-3600 yuan/ton. As the end product of the delayed coking unit, the price of petroleum coke has also reached about 3600 yuan/ton. The contribution of petroleum coke to the profit of the unit can be seen.
At the same time, since early September, the operating rate of domestic delayed coking units has also increased significantly. The main reason is that on the one hand, the unit maintenance in the preliminary maintenance is completed, on the other hand, the considerable coking profit also improves the enthusiasm of the refinery to start operation. According to Longzhong information, as of Thursday, the operating rate of domestic delayed coking units had reached 66.26%, only one step away from the annual peak of 68.16%. Although recently, under the influence of dual control, Jiangsu, Zhejiang, Shandong, and other regions have successively issued “power restriction orders”, at present, the impact on petroleum coke production is not obvious, because for refineries, under the background of power restriction, they will give priority to shutdown or production reduction of units with relatively low profit, to ensure the normal production of units with high profit as much as possible, Maximize enterprise profits.
Overall, with the boost of demand, domestic petroleum coke not only realized a leap in price, increasing the profit of delayed coking units, but also driven the operating rate of a delayed coking unit to a certain extent. Longzhong information expects that in the short term, the supply of domestic petroleum coke will be temporarily limited, and the impact of power policy will not be too great. Relatively speaking, the impact of the reduction of imported resources is much higher than that of the power restriction policy on domestic petroleum coke supply.
