On January 16, Zibo Xintai Petrochemical Co., Ltd. quoted petroleum coke at 2,700 yuan/ton, up by 50 yuan/ton compared to the previous trading day, with sulfur content at 2.9% and vanadium content at 410 ppm. The coking unit produces 500 tons of petroleum coke per day, and the company's shipments are normal. PriceSeek analysis of petroleum coke, with a bullish-bearish score of 1, indicates that the reported price increase of 50 yuan/ton compared to the previous trading day reflects strong spot market demand. The company's normal shipments and stable daily production, with no signs of supply disruption, are favorable for spot prices.
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