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    Home > Chemicals Industry > China Chemical > Petroleum coke prices hit record highs

    Petroleum coke prices hit record highs

    • Last Update: 2022-05-10
    • Source: Internet
    • Author: User
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    Since the beginning of this year, the petroleum coke market has been in short supply, and the price has been on a tear.



    market soars market soars

    Compared to last year, the petroleum coke market in 2022 can be represented by skyrocketing


    Up to now, the price of petroleum coke across the country has shown a general increase, with a year-on-year increase of 118% to 191%


    Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co.


    As the market price continues to rise, the profit margin of production enterprises has gradually increased.


    Supply continues to decline

     Supply keeps falling Supply keeps falling

    The market has risen sharply this time, and the shortage of circulating commodities caused by the reduction in supply is one of the important drivers


    According to He Junsong, a salesperson of Jihua Chemical Industry Co.


    In addition, the tightening of crude oil quotas and the sharp rise in crude oil prices also have a negative impact on the start of refinery units


      From the perspective of imports, it is estimated that about 1.


      Strong demand

    Strong demand lifts strong demand lifts

      Since March, the overall demand for petroleum coke has been good, and the operating rate of electric arc furnace steelmaking has rebounded significantly, leading to an increase in the demand for electrodes


      According to Hao Aichun, an analyst at Zhuochuang Consulting, the trend of electrolytic aluminum on the demand side is basically positively correlated with the trend of petroleum coke


      In addition, 1.


      Looking at the market outlook, there is still room for improvement in the carbon-grade electrolytic aluminum industry


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