[Costs Remain High and Stable, Price Increase of Low-sulphur Petroleum Coke Widens]
This week, the price increase of low-sulphur petroleum coke continued to widen, with an average market price of 3,823 yuan/mt, up 4% MoM. On the supply and demand front, downstream procurement enthusiasm significantly improved, while market supply remained relatively adequate. 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 amid improved 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 expected that in the short term, the price of low-sulphur petroleum coke will mainly refuse to budge on prices.