August 11 news
According to the SpotCom AI assistant, the recent Chinese petroleum coke market prices have shown a mixed fluctuation trend. On August 5th, many companies raised their quotations, while on the 7th and 10th, some companies significantly lowered their prices, with others still raising their quotations. The mean difference indicator shows that the current signal is a deep correction bias, with prices at a high level in the 1-year cycle, and in the high range for the 3-month and 60-day cycles. The room for further price increases is limited, and it will be necessary to closely monitor the upstream crude oil price fluctuations and changes in downstream industry demand.
I. Recent Spot Price Fluctuations
August 5: Shandong Qicheng Petrochemical's petroleum coke price was 1730 CNY/ton, an increase of 30 CNY/ton from the previous trading day (sulfur 5.1, 1.6 million tons/year delayed coking unit, daily production 700 tons); Henan Fengli Petrochemical's price was 1850 CNY/ton, an increase of 100 CNY/ton from the previous trading day (sulfur 4); Qirun Petrochemical's price was 1883 CNY/ton, an increase of 30 CNY/ton from the previous trading day (sulfur 4.4, 1.6 million tons/year delayed coking unit, daily production 700 tons).
August 6: The petcoke price from Guangrao Zhenghe Petrochemical was 2750 CNY/ton, a decrease of 30 CNY/ton from the previous trading day (sulfur 3.0-3.3, from an 800,000 tons/year delayed coking unit, with a daily production of 350 tons).
August 7: Henan Fengli Petrochemical's petroleum coke price was 1800 CNY/ton, a decrease of 50 CNY/ton from the previous trading day (sulfur 4, vanadium 800); Shandong Tianhong Chemical's price was 3330 CNY/ton, a decrease of 170 CNY/ton from the previous trading day (sulfur around 2.6, vanadium 407, 1,800,000 tons/year delayed coking unit, daily production 1000 tons).
August 10: Shandong Tianhong Chemical’s petrocoke quote is 3,020 CNY/ton, down 310 CNY/ton from the previous trading day (sulfur content around 2.8%, vanadium content 402; 1.8 million tons/year delayed coking unit, with a daily output of 1,000 tons); Yatong Petrochemical’s quote is 3,630 CNY/ton, up 30 CNY/ton from the previous trading day (sulfur content around 1.9%, vanadium content around 140; 1.2 million tons/year delayed coking unit, with a daily output of 850 tons); Huaxiang Petrochemical’s quote is 3,300 CNY/ton, down 100 CNY/ton from the previous trading day (sulfur content 2.0%; 400,000 tons/year delayed coking unit, with a daily output of 450 tons); Qirun Petrochemical’s quote is 1,983 CNY/ton, up 100 CNY/ton from the previous trading day (sulfur content 4.4%, vanadium content 630; 1.6 million tons/year delayed coking unit, with a daily output of 700 tons); Henan Fengli Petrochemical’s quote is 1,700 CNY/ton, down 100 CNY/ton from the previous trading day (sulfur content 4.3%, vanadium content 950).
II. Analysis of the Mean Difference Index
Average difference calculation explanation
5-day difference (D5) = current day's price - 5-day average; 10-day difference (D10) = 5-day average - 10-day average; 20-day difference (D20) = 10-day average - 20-day average
Average Difference Variation Table
Difference type 2026-08-10 value 2026-08-09 value Direction of change
5-day average deviation (current price - 5-day average) -15.50 -12.00 -
10-day moving average difference (5-day moving average - 10-day moving average): 40.50, 65.87, -
20-day moving average difference (10-day moving average - 20-day moving average): 51.19 41.07 +
Signal Status and Trend Judgment
The current signal is a deep pullback (bearish, pullback nature), corresponding to the following symbol combination: (-, -, +). The price trend is judged to be volatile. Reason: The three moving averages’ deviations have not all changed in the same direction compared to the previous day. Specifically, the 5-day deviation widened from -12.00 to -15.50 (downward direction); the 10-day deviation narrowed from 65.87 to 40.50 (downward direction); and the 20-day deviation expanded from 41.07 to 51.19 (upward direction). The market is characterized by a mix of bullish and bearish forces, lacking a clear unidirectional driver, and is currently in a phase of volatile pullback.
III. Price, Location, and Spatial Reference
Petroleum coke prices are in a high range for the 1-year cycle, at the peak of the 3-month cycle, and at the peak of the 60-day cycle, with limited upside potential and some room for a pullback.
IV. Trend Chart Display
Five, Industrial Chain Linkage
Upstream related products: Crude oil; Downstream related products: Anhydrous aluminum trichloride, silicon carbide, steel, coal-water slurry, carbon paste, carbon electrodes, special graphite, graphite anodes, titanium tetrachloride, graphite electrodes, calcined coke, glass.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
