On January 5, the petroleum coke price of Shandong Tianhong Chemical Co., Ltd. was 1,690 yuan/ton, up 20 yuan/ton from the previous trading day, with sulfur content around 4.6%. The company operates a 1.8 million tons/year delayed coking unit, producing 1,000 tons of petroleum coke daily. PriceSeek analysis of petroleum coke, with a long-short rating of +1, indicates that the spot price of petroleum coke at Shandong Tianhong Chemical Co., Ltd. increased by 20 yuan/ton to 1,690 yuan/ton, reflecting tight market supply or increased demand, which directly benefits the spot price. Considering the company's annual capacity of 1.8 million tons and daily production of 1,000 tons, this price adjustment reflects short-term supply-demand improvement, providing support to the spot market. The rating of +1.0 represents a generally positive outlook.
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