On February 10, Zibo Xintai Petrochemical Co., Ltd. quoted petroleum coke at 2,300 yuan/ton, down by 50 yuan/ton compared to the previous trading day, with sulfur content at 4.8% and vanadium content at 420 ppm. The daily coking production capacity of petroleum coke is 500 tons, and the company's shipments are normal. PriceSeek analysis of petroleum coke, with a long-short rating of -1: Zibo Xintai Petrochemical Co., Ltd. lowered its petroleum coke quotation by 50 yuan/ton to 2,300 yuan/ton, a decrease of approximately 2.17%, indicating ample market supply or weak demand. The company's daily production of 500 tons and normal shipments show no signs of inventory accumulation or supply disruptions. However, the price decline reflects increasing buyer pressure in the market, exerting a generally bearish impact on spot prices.
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