ChemPriceHub Important Reminder: Shangneng Petrochemical Raises Petroleum Coke Prices

On February 9, Shangneng Petrochemical's shot coke was priced at 1,230 yuan/ton, up by 10 yuan/ton compared to the previous trading day, with a sulfur content of around 5%, and a daily production of 600 tons of petroleum coke. PriceSeek's analysis of petroleum coke indicates a long-short score of 1.5. The article shows that Shangneng Petrochemical's petroleum coke price increased by 10 yuan/ton to 1,230 yuan/ton, a rise of approximately 0.8%, indicating improved market demand or tight supply, which significantly benefits spot prices. A sulfur content of around 5% falls within the normal range, with no negative factors. The daily production of 600 tons reflects stable supply, but the price increase dominates market sentiment, supporting the bullish outlook for spot prices.