1. Price data
According to the bulk list data of the SunSirs, the domestic refinery oil coke product prices continue to rise, April 26, the average price of the Shandong market is 2063.00 RMB/ton, compared to April 19, the average price of oil coke market is 2008.00 RMB/ton, the price rose 2.74%, 95.55% year on year. On April 26, the oil coke commodity index was 160.46, the same as yesterday, down 0.73% from the highest point of 161.64 (2021-03-04) in the cycle, and up 139.89% from the lowest point of 66.89 on March 28, 2016. (Note: The period refers to 2012-09-30 till now)
2. Analysis of Influencing Factors
This week, the storage of locally refined petroleum coke was low, and the price continued to rise. The demand for low sulfur coke downstream is stable, and the price is stable at a high level. The shipment of medium and high sulfur coke slowed down relatively and the price rose slightly.
Upstream: Oil prices fell on upbeat economic data in the United States and Europe and the prospect of an economic recovery, but concerns about a surge in new cases in India and Japan capped gains.
Downstream: Recently, the overall shipment of carbon enterprises is good; The price of calcined coke was stable, and some prices rose slightly; As of April 26, the price of downstream electrolytic aluminum was 18220.00 RMB/ton; Silicon metal prices fell slightly.
Industry: According to the price monitoring of the SunSirs, In the 16th week of 2021 (4.19-4.23), 9 commodities in the energy sector had a month-on-month rise in the list of commodity price rises and falls, among which 1 commodity increased by more than 5%, accounting for 6.3% of the number of monitored commodities in the sector. The top three commodities were coke (5.32%), thermal coal (4.11%), and methanol (2.87%). There were a total of 5 kinds of commodities that fell from the previous quarter, and 1 kind of commodities that fell by more than 5%, accounting for 6.3% of the number of monitored commodities in the sector. Drop the first 3 products of liquefied natural gas (6.94%) respectively, WTI crude oil (2.79%), liquefied gas (2.73%). The average rise and fall this week was 0.08%.
According to the petroleum coke analysts of the SunSirs, the storage of petroleum coke in the local refinery is low. At present, the market supply and demand are good. The refineries are actively moving goods. Affected by some downstream goods preparation before the festival, it is comprehensively predicted that the petroleum coke will be stable and upward in the short term.