On February 9, the price of petroleum coke from Guangrao Zhenghe Petrochemical Co., Ltd. was 2,620 yuan/ton, down 200 yuan/ton from the previous trading day. The sulfur content is approximately 1.7-2.0. The company operates an 800,000 tons/year delayed coking unit, with a daily production of 350 tons of petroleum coke. PriceSeek analysis of petroleum coke, with a long-short score of -2, indicates that the price of petroleum coke from Guangrao Zhenghe Petrochemical Co., Ltd. has decreased by 200 yuan/ton to 2,620 yuan/ton, reflecting a significant decline. This suggests ample market supply (daily production of 350 tons, annual capacity of 800,000 tons) or weak demand, exerting substantial downward pressure on spot prices. The sulfur content of 1.7-2.0 indicates stable quality, but the price drop may lead to cautious downstream procurement, further suppressing short-term price rebounds.
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