Petroleum Coke Market Analysis（March 14, 2025）

Analysis of domestic petroleum coke index

According to TDD, on March 12, the domestic mainstream petroleum coke 2# B index was 5055.67, and the 3# B price index was 3293, an increase of 75 from yesterday; The high sulfur coke market index was at 2736.67, the 1# price index was 5418.0, and the 2# price index was at 4425.

The market price of domestic petroleum coke in the mainstream region

Today, the price of domestic petroleum coke market is running steadily, and the price of coke in some regions is adjusted within the region, and the quotations in different regional markets are different. The price of model coke in Shandong is weak, and the price in Dongying is 2370-4160 yuan/ton, down 170-190 yuan/ton from yesterday; The downstream trading speed has slowed down, and the price has risen and fallen. The price in Rizhao is reported to 2560-2750 yuan/ton, Weifang, around 2560-2750 yuan/ton, and the price of 3B is lowered by 234 yuan/ton compared with yesterday. The price of Shanghai 4B in East China is 2215 yuan/ton, the market transaction performance is relatively stable, and the sales situation of mainstream coke is acceptable.

Forecast for the future market

In the recent local refining market, refineries are mainly actively selling, and downstream is cautious to enter the market, and the coke prices of some refineries have rebounded. At present, the market trading atmosphere is light, and the downstream purchasing mentality is not good. In addition, the selling speed of imported petroleum coke has slowed down, and the price has fallen sharply, and the port inventory has continued to increase. It is expected that the coke price in the local market will still decline in the short term, and it is necessary to pay attention to the operation of the on-site equipment and the follow-up of downstream demand in the later stage.