ChemPriceHub Alert: Price of Petroleum Coke at Guangrao Zhenghe Petrochemical Lowered

On January 16, the petroleum coke price at Guangrao Zhenghua Petrochemical Co., Ltd. was 2,800 yuan/ton, down 100 yuan/ton from the previous trading day, with sulfur content around 1.2–1.4. The company operates an 800,000-ton/year delayed coking unit, producing 350 tons of petroleum coke daily. PriceSeek analysis of petroleum coke, with a long-short score of -1, indicates that the spot price of petroleum coke decreased by 100 yuan/ton to 2,800 yuan/ton compared to the previous trading day, a decline of approximately 3.57%. This suggests ample market supply or weak demand, exerting a generally bearish impact on spot prices. The company’s 800,000-ton/year unit produces 350 tons daily, and stable supply may intensify downward pressure on prices.