






SMM July 10 News:
This week, the price increase of low-sulphur petroleum coke continued to expand, with an average market price of 3,823 yuan/mt, up 4% MoM. On the supply and demand front, downstream purchasing enthusiasm significantly improved, while market supply remained relatively abundant. On the cost side, upstream raw material prices remained high and stable, providing support for the low-sulphur petroleum coke market. Therefore, this week, the price of low-sulphur petroleum coke continued to rise under the boost of demand and cost support. Looking ahead, end-use demand has not yet shown significant growth momentum, and the cost side is expected to maintain a stable pattern. Based on a comprehensive analysis, it is anticipated that the price of low-sulphur petroleum coke will mainly refuse to budge on prices in the short term.
The market price of oil-based green needle coke remained stable. On the supply and demand front, some capacities were in the maintenance phase, slightly improving the supply surplus pattern. On the cost side, raw material prices remained high, providing support for the market price of oil-based green needle coke. Overall, the price of oil-based green needle coke remained stable this week. Looking ahead, the market supply-demand pattern is expected to maintain the current status, so the price of oil-based green needle coke is likely to remain stable.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Zhang Haohan 021-51666752
Wang Zihan 021-51666914
Wang Jie 021-51595902
Xu Yang 021-51666760
Xu Mengqi 021-20707868
Hu Xuejie 021-20707858
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn