Calcined petroleum coke market price

Today's Prices

Low-sulfur calcined coke (made from Jixi and Jinzhou petroleum coke) is trading at a market mainstream price of 4,900–5,200 yuan per ton; Low-sulfur calcined coke (made from Fushun petroleum coke) has a mainstream ex-factory transaction price of 6,100–6,200 RMB/ton; low-sulfur calcined coke (made from Liaohé and Binzhou CNOOC petroleum coke) has a mainstream market transaction price of 4,450–5,300 RMB/ton.

Medium-to-high sulfur calcined coke (sulfur 3.0%, no requirements for trace elements) previously had a mainstream ex-factory contract price of 2,250-2,350 yuan per ton in cash, with today's negotiated price at 2,250-2,350 yuan per ton in cash; Medium-to-high sulfur calcined coke (sulfur 3.5%, no requirements for trace elements) previously had a mainstream ex-factory contract price of 2,150-2,200 yuan per ton in cash. Today's negotiated prices are also at the mainstream ex-factory cash price of 2,150-2,200 yuan per ton; Medium-to-high sulfur calcined coke (sulfur 3.0%, vanadium 400): Previous contract price was 3,100-3,200 RMB/ton cash ex-factory; today's negotiated price is 3,100-3,200 RMB/ton cash ex-factory.

Supply side

Today's national daily supply of commercial calcined coke was 26,645 tons, with a production capacity utilization rate of 56.20%. The supply of calcined coke in the market remained stable compared to the previous working day.

Upstream market

Petroleum coke: Refineries under Sinopec maintained stable prices and transactions. Negative-anode coke shipments in the Yangtze River region remained stable, with acceptable order volumes. Among them, Anqing Petrochemical, Hunan Petrochemical, and Jiujiang Petrochemical primarily produce negative-anode coke; In Shandong Province, Qilu Petrochemical has low inventory levels. Jinan Refinery primarily produces negative electrode coke, while Qingdao Petrochemical's facilities are currently operational. Qingdao Refining & Chemical maintains stable pricing for high-sulfur coke. Today, Sinopec-affiliated refineries primarily fulfill existing orders. Refineries in Northeast China are actively shipping goods with no inventory pressure, while those in Northwest China focus on shipping aluminum-grade carbon products. Today, CNOOC-affiliated refineries ship goods according to orders.

Downstream Market

Graphite Electrodes: The graphite electrode market continues to show weak domestic demand, with sporadic tenders from downstream buyers. Graphite electrode manufacturers are primarily fulfilling prior orders. Meanwhile, the upward trend in raw material prices has stabilized, providing limited support for price negotiations. Currently, actual transaction prices in the market remain stable, with some resources showing slight upward movement intentions.

Electrolytic aluminum: President Trump announced an expansion of the scope of the 50% tariff on steel and aluminum imports, which may impact future exports of aluminum products. Reduced overseas demand has led to a decline in spot aluminum prices.

Anode Materials: The anode materials market showed positive trading activity today. According to feedback from some anode material companies, demand from downstream power and energy storage cell manufacturers has improved recently, with procurement demand expected to increase. However, as the anode materials market remains in a state of overcapacity, anode material companies face difficulties in raising prices, and anode material prices continue to remain at low levels.