On January 9, Yatong Petrochemical's petroleum coke price was quoted at 1,910 yuan/ton, up 20 yuan/ton from the previous trading day, with a sulfur content of 4.8. The delayed coking unit has an annual capacity of 1.2 million tons and a daily production of 850 tons. PriceSeek's analysis of petroleum coke shows a bullish-bearish score of 1. The increase of 20 yuan/ton in Yatong Petrochemical's petroleum coke price to 1,910 yuan/ton indicates proactive price hikes from the supply side, potentially reflecting increased demand or rising raw material costs, which is favorable for the spot market. The analysis suggests that the sulfur content of 4.8 and the daily production of 850 tons indicate tight market supply, which may drive spot prices further upward in the short term.
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