1、 Price data
| Chitosan oligosaccharide |
According to the bulk list data of business agency, the price of petroleum coke from local refiners fell this week. On July 31, the average market price in Shandong was 4082.50 yuan / ton, down 3.14% from 4215.00 yuan / ton on July 25.
On July 31, the commodity index of petroleum coke was 317.53, unchanged from yesterday, down 22.31% from the highest point 408.70 in the cycle (2022-05-11), and up 374.70% from the lowest point 66.89 on March 28, 2016. (Note: cycle refers to 2012-09-30 to now)
2、 Analysis of influencing factors
This week, the price of petroleum coke in refineries fell, the refinery shipments were general, the transactions were light, and the downstream procurement was mainly on demand.
| Gamma-PGA (gamma polyglutamic acid) |
Upstream: the international crude oil price fluctuated. On the one hand, the EIA inventory data of the United States showed that the node refined oil unexpectedly surged during the peak driving season. In addition, Beixi No. 1 was restarted, and the easing of the European energy crisis brought bad news to the oil market. In addition, the European Central Bank raised interest rates, causing concerns about falling demand. It can be seen that the oil market long and short performance is quite sticky. Under the background of the global central bank raising interest rates, controlling inflation will bring downward pressure on all kinds of risky assets. On the other hand, the peak driving season in August in the United States may come to an end. According to the latest data, gasoline inventories in the United States have increased unexpectedly in the recent week, which also indicates that demand may end ahead of schedule. In addition, the repeated outbreaks in Asia and the blockade measures may bring some pressure to the oil market.
Downstream: Calcined coke prices fell this week; The market price of metallic silicon fell slightly; The price of downstream electrolytic aluminum rose. As of July 31, the price was 18633.33 yuan / ton.
Analysts of petroleum coke of business agency believe that the international crude oil fluctuated this week, and the cost support of petroleum coke is limited; At the beginning of the week, the inventory of local refining enterprises was high, the shipment of petroleum coke was under pressure, and the refinery reduced the price for shipment; In the second half of the week, the downstream procurement was active, and the prices of some refineries were callback. It is expected that the price of locally refined petroleum coke may be weak in the near future.
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