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Petroleum coke market situation

 In October, the petroleum coke market was positive, and uptrend price was dominant. The orders for anodes have increased, along the announcement of overhaul plans of some refineries, resulted in the tightened supply expectation. As a result, the price of low-sulfur coke was actively pushed up, and the price of medium-high sulfur coke followed the trend. The shipment speed of imported coke has slowed down slightly. The spot resources of some low-sulfur cokes are tight and the prices are firm. Supported by domestic coke, some traders are optimistic about the market outlook and are reluctant to sell.

Imported coke: The arrival varieties include Brazilian coke, Saudi coke, American coke, etc. This week, the average daily shipment of major ports was 39,220 tons, and the arrival in port was 155,000 tons. The total port inventory was 3,803,500 tons, a decrease of 0.45% from the previous month.