News

Market Dynamics and Arrival of Imported Petroleum Coke in July

This week, the petroleum coke market saw good trading, with prices remaining stable and rising slightly. Mainstream low-sulfur coke from major refineries remained stable in price, while downstream buyers continued to purchase as needed. Local refineries were generally stable, with some experiencing fluctuations. The main influencing factors were the sales situation and variations in quality indicators.

This month, 50,000 tons of YPF petroleum coke imported by our company from Argentina have been arriving smoothly at the port of Rizhao, Shandong. As a core hub for petroleum coke imports in China, Rizhao Port accounted for 40% of the total national imports in 2023. Upon the arrival of our YPF petroleum coke, many carbon and anode material factories actively inquired and purchased. Our company strictly controlled the quality indicators throughout the process to ensure they met the requirements of downstream factories.