1. Price data
According to the SunSirs large list data show, Domestic refineries petroleum coke product prices rose slightly. On April 12, the average price in the Shandong market was 1,972.50 RMB/ton, and on April 19, the average price in the petroleum coke market was 2,008.00 RMB/ton, the price increased by 1.80%, 90.33% year on year. On April 19, the oil coke commodity index was 156.18, up 1.4 points compared with yesterday, down 3.38% compared with the highest point in the cycle 161.64 points (2021-03-04), and up 133.49% compared with the lowest point 66.89 points on March 28, 2016. (Note: The period refers to 2012-09-30 till now)
2. Analysis of Influencing Factors
This week to refinery oil coke low inventory, prices rose slightly. The low sulfur coke resources are tight, the demand is stable, and the price is high and stable. High sulfur coke prices affected by the rise of downstream electrolytic aluminum, prices rose slightly.
Upstream: The international oil price rose sharply, and the International Energy Agency (IEA) raised its crude oil demand forecast. Then, the inventory data of the US Energy Information Agency (EIA) showed that the US crude oil inventory fell for the third consecutive week, boosting people's optimistic expectations for the recovery of energy demand.
Downstream: Carbon enterprises under pressure in the near future; Calcined charred prices were basically stable; The price of downstream electrolytic aluminum rose sharply, reaching 18,133.33 RMB / ton as of April 19. Silicon metal market has resumed work, the price of small consolidation.
Industry: According to the SunSirs price monitoring, In the 15th week of 2021 (4.12-4.16), there were 11 commodities in the energy sector that had a month-on-month rise in the list of commodity price rises and falls, among which 2 commodities had a rise of more than 5%, accounting for 12.5% of the monitored commodities in this sector. The top three gainers were WTI (7.06%), Brent (6.34%) and gasoline (4.55%). There were three kinds of commodities that declined on a month on month basis, and the top three products were liquefied natural gas (- 1.45%), asphalt (- 0.64%) and dimethyl ether (- 0.52%). The average rise and fall this week was 2.18%.
SunSirs petroleum coke analysts believe: The storage of local petroleum coke is low. At present, the market supply and demand are good. Refineries are actively moving goods. It is expected that petroleum coke will be stable in the short term.
