On January 9, Huaxiang Petrochemical quoted petroleum coke at 2,830 yuan/ton, up by 30 yuan/ton from the previous trading day, with a sulfur content of 2.8%. The delayed coking unit has an annual capacity of 400,000 tons and a daily output of 450 tons. PriceSeek analysis of petroleum coke, bullish-bearish score: 1. Reason: Huaxiang Petrochemical raised its petroleum coke quotation by 30 yuan/ton to 2,830 yuan/ton, an increase of approximately 1.06%, reflecting tightening supply-demand dynamics in the spot market or enhanced cost support, which is favorable for spot prices. Detailed analysis: The price increase indicates improved corporate confidence, likely driven by recovering downstream demand or operational adjustments on the supply side (e.g., the delayed coking unit with an annual capacity of 400,000 tons and daily output of 450 tons). The sulfur content of 2.8% meets standard requirements, and it is expected that spot prices will maintain a relatively strong trend in the short term.
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