On February 4, Shandong Tianhong Chemical Co., Ltd. quoted petroleum coke at 2,280 yuan/ton, an increase of 100 yuan/ton compared to the previous trading day. The sulfur content is approximately 3.3%. The company operates a 1.8 million tons/year delayed coking unit with a daily petroleum coke output of 1,000 tons. PriceSeek analysis of petroleum coke, with a long-short rating of 1: Shandong Tianhong Chemical Co., Ltd. raised its petroleum coke price by 100 yuan/ton to 2,280 yuan/ton compared to the previous trading day, indicating a significant increase. This suggests tight market supply or increased demand. The company's annual production capacity of 1.8 million tons and daily output of 1,000 tons are representative of the industry. The price increase reflects tightening supply and demand in the spot market, which is favorable for the spot price trend of petroleum coke.
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