On February 9, Huaxiang Petrochemical quoted petroleum coke at 2,650 yuan/ton, down 120 yuan/ton from the previous trading day, with sulfur content at 2.6. The delayed coking unit has an annual capacity of 400,000 tons and a daily output of 450 tons. PriceSeek analysis of petroleum coke, with a bullish-bearish score: -1. Huaxiang Petrochemical's petroleum coke quotation decreased by 120 yuan/ton to 2,650 yuan/ton compared to the previous trading day, with sulfur content at 2.6, unit capacity of 400,000 tons/year, and daily output of 450 tons. This indicates ample supply or weak demand in the spot market, leading to a significant price decline. The substantial decrease exerts bearish pressure on spot prices and influences market sentiment toward a bearish outlook. A score of -1 indicates a generally bearish outlook.
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