August 7 news
According to the Spotcom AI assistant, on August 7, the price of petroleum coke was in the high range of a 1-year cycle. The average difference indicator shows a strong consolidation and bullish signal. Although some companies have slightly reduced their quotes in the short term, the overall trend remains strong. Subsequent attention should be paid to the potential impact of fluctuations in upstream crude oil supply and changes in downstream industry demand on the market.
| I. Table of Mean Difference Changes Mean Difference Type | Today’s Value (2026-08-06) | Yesterday’s Value (2026-08-05) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 70.25 | 72.38 | - |
| 10-Day Mean Difference (D10) | 64.25 | 44.62 | + |
| 20-Day Mean Difference (D20) | 4.04 | -10.91 | + |
II. Signal State Determination
The current mean difference change direction combination is (－, ＋, ＋), which is a strong consolidation (bullish) signal.
III. Conclusion on Trend Direction
The price trend is judged to be fluctuating (with a bullish bias). Reason: The 5-day average difference has decreased compared to yesterday, but the 10-day and 20-day average differences have significantly increased compared to yesterday. The directions of change for these three are not entirely consistent, which fits within the range of fluctuation. At the same time, the 10-day and 20-day average differences have shifted from weak to strong, showing an overall characteristic of strong consolidation with a bullish bias.
IV. Positional Spatial Reference
Petroleum coke is in the 5th tier (high position) in terms of its 1-year cycle price in China, with limited room for further increase, and there is a need to be cautious about the risk of a high-level correction in the short term.
Five, 1-year trend chart
Six, Supplement to Market Dynamics
Recently, some enterprises have seen slight fluctuations in their petroleum coke quotations: On August 6, Guangrao Zhenghe Petrochemical quoted petroleum coke at 2,750 CNY per ton, down 30 CNY per ton from the previous trading day. Previously, from August 3 to 5, several companies—including Yatong Petrochemical and Henan Fengli Petrochemical—had raised their quotations to varying degrees, with price increases ranging from 30 to 180 CNY per ton. On the upstream side, Oman’s total oil production rose by 10.6% year-on-year as of the end of June 2026. Meanwhile, volatility in the international oil market has intensified, and Ghana has switched its oil product distribution to a spot-pricing model, which could indirectly affect fluctuations in petroleum coke costs.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
