ChemPriceHub Alert: Guangrao Zhenghe Petrochemical Raises Petroleum Coke Prices

On February 5, Guangrao Zhenghe Petrochemical Co., Ltd. priced petroleum coke at 2,850 yuan/ton, an increase of 50 yuan/ton from the previous trading day. The sulfur content is approximately 1.5–1.7%. The company operates an 800,000-ton/year delayed coking unit, with a daily production of 350 tons of petroleum coke. PriceSeek analysis of petroleum coke, with a long-short rating: 1. The spot price of petroleum coke rose by 50 yuan/ton to 2,850 yuan/ton compared to the previous trading day, representing an increase of about 1.75%, indicating a possible tightening of market supply or strengthening demand. Guangrao Zhenghe Petrochemical Co., Ltd.’s 800,000-ton/year unit produces only 350 tons per day, below its capacity level, reinforcing expectations of supply contraction and supporting the upward movement of spot prices. This news constitutes a generally positive impact on the spot market, with a rating of +1 reflecting the positive signal of the price increase, though it does not involve significant events or widespread market fluctuations.