The supply of petroleum coke is tight

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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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Last week, the price of petroleum coke rose slightly. The average price of petroleum coke was 4096.5 yuan/ton, up 61.3 yuan/ton during the week. The market transaction was good and the supply was tight. Among them, the price of CNOOC’s low sulfur refinery was adjusted to 5700-5800 yuan/ton last week. However, according to the feedback of the refinery, the mood of receiving goods at the downstream end is poor, and only some high-end carbon enterprises will purchase low sulfur petroleum coke.

Petroleum Coke

There are many factors affecting the price of petroleum coke, such as petroleum coke supply, refinery inventory, downstream carbon resumption, international crude oil price, and domestic aluminum price. In terms of supply, it coincides with the high incidence stage of annual maintenance, and the supply will be tight, but the overseas petroleum coke will arrive in Hong Kong soon, and the impact on the price will be weakened in the case of hedging. In terms of refinery inventory, according to the feedback of refineries, the inventory of each refinery remains low. In the case of daily sales per day, it is conducive to the continued rise of petroleum coke prices.

Most downstream carbon enterprises have entered the oven drying stage, and it is expected that petroleum coke can be put into operation in about 10 days. During this period, centralized production will help the price of petroleum coke continue to rise. In terms of crude oil price, affected by the overseas war, the price rise is too high, up to US $119.84/barrel. However, according to the feedback of refineries, the increase in refined oil price can not keep up with the increase of crude oil, which leads to the later refineries considering the problem of profit and may reduce production.

Petroleum Coke

Aluminum price maintains a high and volatile market, which has a weak impact on the price of petroleum coke. To sum up, the price of Petroleum Coke will continue to rise in the short-term good news, but the price of petroleum coke is too high, so we need to be cautious about risks.

Franli provides high-quality petroleum coke at a moderate price. Franli has developed transportation and convenient transportation. Based on the principle of customer first and quality-oriented, Franli provides customers with excellent services and high-quality products. The company always adheres to the people-oriented scientific outlook on development, takes scientific and technological investment as the guide, takes service as the guarantee, continues to explore and innovate, and keeps pace with the times. The products distributed by the company have a high market share, Products are sold all over the world.