On February 3, Guangrao Zhenghe Petrochemical Co., Ltd. raised the price of petroleum coke by 30 yuan/ton to 2,750 yuan/ton, with a sulfur content of approximately 1.4–1.7. The company operates an 800,000-ton/year delayed coking unit, producing 350 tons of petroleum coke daily. PriceSeek analysis of petroleum coke, with a bullish-bearish score of 1, indicates that the price increase reflects tight supply or improved demand, directly benefiting the spot market. The company’s annual production capacity of 800,000 tons and daily output of 350 tons highlight the impact of the price adjustment on regional spot supply, potentially boosting overall market sentiment. The moderate price increase is considered a general positive factor, and spot prices are expected to remain supported in the short term.
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