According to SunSirs, the price of petroleum coke of local refiners rose slightly in the last week of September. The average price of Shandong market was 4,126.50 RMB/ ton on September 30, 1.23% higher than the price of 4,076.50 RMB/ ton on September 25.

On September 30, the petroleum coke commodity index was 320.95, unchanged from the previous day, 21.47% lower than the cycle's highest point of 408.70 (2022-05-11), and 379.82% higher than the lowest point of 66.89 on March 28, 2016. (Note: the cycle refers to the period from September 30, 2012 to now)

In the last week of September, the price of petroleum coke in the refinery rose and fell with each other. The refinery shipped well. The procurement before the National Day was basically completed, and the price of petroleum coke stabilized.

Upstream: The international crude oil price rose in shock, the US dollar exchange rate continued to strengthen, suppressing the international oil price. In addition, there was no significant increase in demand, so the oil price was under certain pressure. Geopolitical risks have escalated, which has provided some support for oil prices. In the short term, the trend of international oil prices remains volatile.

Downstream: the price of calcined coke rose slightly in the last week of September; The price of metal silicon market rose slightly; The price of downstream electrolytic aluminum fluctuated. As of September 30, the price was 18,356.67 RMB/ ton; The downstream enterprises have basically finished their preparations before the festival.

In the last week of September, international crude oil rose in shock, supported by the cost of petroleum coke; Near the National Day holiday, the downstream goods preparation is basically over, and the procurement is mainly on demand. The refinery clears the inventory before the festival. It is estimated that the price of China refined petroleum coke will be mainly settled in the near future.

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