On January 29, the petroleum coke price at Guangrao Zhenghe Petrochemical Co., Ltd. was 2,580 yuan/ton, down 50 yuan/ton from the previous trading day. The sulfur content is approximately 1.8%. The company operates an 800,000-ton/year delayed coking unit with a daily production of 350 tons of petroleum coke. PriceSeek's analysis of petroleum coke indicates a bearish score of -1. The report notes that Guangrao Zhenghe Petrochemical's spot price for petroleum coke decreased by 50 yuan/ton to 2,580 yuan/ton, suggesting ample supply (daily production of 350 tons, annual capacity of 800,000 tons) or weak demand, with sulfur content remaining stable at around 1.8%. This move exerts a generally bearish pressure on spot prices, with a score of -1.0 reflecting a clear downward price trend, though not to a significant extent.
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