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Downstream enterprises are waiting and seeing, petrol coke market began to drop
   Hits:   UpdateTime:2010-5-14 13:22:47
Keyword:petroleum coke
Elan Website Press:

Petroleum coke generally dropped yesterday. CNPC petrol coke has dropped200yuan RMB/ton in Jinxi city and Jinzhou city of Northeast. LiaoHe Branch 3# petroleum coke reduced by 100yuan RMB/ton, while other branches of CNPC in northeast are facing baptism, and it’s probable to drop. The low-sulfur petroleum coke delivery of CNPC is still limited by railway carriage, which make the market price probably drop. CNPC is firm with its listed price, but the transaction price is 200-300 yuan RMB lower. Market transactions are thin because downstream enterprises are waiting and seeing. Most manufacturers storage tend to increase. CNOOCC producers mainstream factory price is reduced to 1950-2000yuan RMB/ton.

Most local producers reduced factory price, with a scale of 50-100yuan/ton. At present, mainstream transaction price of petroleum coke in Shandong province local market is 1700yuan/ton. Petroleum coke with high ash content and low standard is more difficult to sell. Most downstream enterprises purchase on demand, and producers storage continue rising.

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