1、 Price data
| Chitosan oligosaccharide |
According to the commodity analysis system of the business community, the price of Petroleum coke of the local refiner declined this week. On June 11, the average price of Shandong market was 1846.50 yuan/ton, down 1.60% from the price of 1876.50 yuan/ton on June 5.
On June 11, the Petroleum coke commodity index was 143.62, unchanged from yesterday, down 64.86% from the cycle’s highest point of 408.70 (2022-05-11), and up 114.71% from the lowest point of 66.89 on March 28, 2016. (Note: The cycle refers to the period from September 30th, 2012 to the present)
2、 Analysis of influencing factors
This week, the price of Petroleum coke produced by local refineries continued to decline. Local refineries actively discharged their stocks. The downstream was in a strong wait-and-see mood, and the trading was average. At present, the port Petroleum coke inventory is still high, and the terminal just needs replenishment, so the overall trade is average.
| Gamma-PGA (gamma polyglutamic acid) |
The international crude oil market has been volatile this week. Affected by the favorable supply of Saudi Arabia’s plan to deepen production cuts, the bullish sentiment in the market has diluted the bearish sentiment of rising US refined oil inventories and weak Chinese data. The international crude oil prices are in a consolidation trend.
The price of calcined coke remained basically stable this week. This week, metal silicon declined slightly. As of June 11, the average price of 441 # metal silicon in the Spot market was 14090 yuan/ton. The downstream electrolytic aluminum market is on the rise, with an average price of 18666.67 yuan/ton as of June 11th. Downstream enterprises have a strong wait-and-see attitude and low enthusiasm for receiving goods, with on-demand procurement being the main focus.
Petroleum coke analysts from the business agency believe that: at present, domestic Petroleum coke supply is sufficient, local refining Petroleum coke delivery is average, refineries actively arrange stocks, downstream enterprises have a strong wait-and-see mood, receiving enthusiasm is not high, and procurement is mainly on demand. It is expected that the local refining of Petroleum coke in the near future will be dominated by weak points.
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