1、 Price data

According to the data of the large scale list of business agencies, the price of petroleum coke products of domestic refiners rose slightly, with the average price of 2214.00 yuan / ton in Shandong market on July 18, an average price of 2194.00 yuan / ton compared with that in July 12, and the price increased by 0.91%.

The petroleum coke commodity index was 172.20 on July 18, which was flat with yesterday, down 6.53% from the peak of 184.23 (2021-05-25) in the cycle, up 157.44% from the lowest point of 66.89 on March 28, 2016（ Note: period refers to the period from September 30, 2012 to now

2、 Analysis of influencing factors

This week, the maintenance of refineries increased, the supply of petroleum coke decreased, and the coking price of the area rose well.

Upstream: international crude oil prices fell, the Fed’s position was wobbling under high inflation, the CPI in June rose beyond expectations, and the market generally worried about the tightening of monetary policy caused by high inflation pressure; OPEC + policies were implemented, and the agreement on production increase was reached, and the market expected to increase supply; The variation and spread of superimposed virus are accelerating, and the blockade measures are implemented to suppress fuel demand in the severe trend of Multi Country epidemic.

Downstream: by the electrolytic aluminum enterprises just need to support, carbon products overall good delivery; The price of calcined coke increased; The price of electrolytic aluminum in the downstream of the week rose, and as of July 19, the price was 19426.67 yuan / ton; In the short term, the demand of the downstream silicone and polysilicon industry is strong, and the market price of silicon metal is stable and rising.

Industry: according to the price monitoring of business society, there are 6 commodities rising in the energy sector in the list of commodity prices rising and falling in the 28th week (7.12-7.16) in 2021, with the top three commodities rising respectively as LNG (3.75%), power coal (2.29%), and liquefied gas (1.52%). There are 9 commodities falling on a month-on-month basis, with 1 commodity falling more than 5%, accounting for 6.3% of the monitored commodities in the sector; The top three products were coke (-5.26%), WTI crude oil (-3.90%), Brent crude oil (-2.75%). This week, the average rise and fall was -0.49 per cent.

The analysts of petroleum coke of business society believe that: in the near future, the refineries have been overhauled, the supply of oil coke in the field has been reduced, the market performance of electrolytic aluminum is better, carbon enterprises are active in purchasing petroleum coke and supporting supply and demand, and it is expected that the oil Coke will be stable in the near future.