August 12th news
According to the Spotcom AI assistant, on August 11, the spot market quotations for petroleum coke in China showed a mix of increases and decreases. Some companies raised their quotes, while others significantly lowered them. Considering the average difference indicators, the current prices are in a deep correction phase, with bearish signals appearing. Moreover, the prices are at a mid-to-high level within a 1-year cycle, limiting the potential for further increases. Attention should be paid to subsequent changes in supply and demand along the industrial chain.
Daily Report on Petroleum Coke Price Trends (August 12, 2026)
I. Table of Mean Difference Changes
Difference Type Today's Value (2026-08-11) Yesterday's Value (2026-08-10) Direction of Change
5-day average difference (D5) -20.25 -15.50 -
10-day average difference (D10) 13.37 40.50 -
20-day average difference (D20) 60.94 51.19 +
II. Signal Status Determination
The current deviation change direction combination is (－, －, ＋), which belongs to a deep correction (bearish, corrective nature) signal.
Three, Conclusions on Trend Directions in China
The price trend is oscillating (with a deep correction bias). Reason: The directions of the three average differences are not entirely consistent. The 5-day and 10-day average differences have decreased compared to yesterday, while the 20-day average difference has increased. This aligns with the signal characteristics of a deep correction, indicating that the current price is in a correction phase, with a bearish sentiment emerging.
IV. Positional Spatial Reference
Petroleum coke prices are at a mid-high level on a 1-year cycle, at a high level on a 3-month cycle, and at a mid-high level on a 60-day cycle. A mid-high level indicates limited upside potential for price increases, and during the current deep correction phase, attention should be paid to whether the correction magnitude is influenced by support at the high level.
5. Trend Chart Display
Six, Market Spot Price Dynamics
Companies raising their quotes: As of August 11, 2026, Qirun Petrochemical’s petroleum coke quote is 2,083 CNY/ton, up 100 CNY/ton from the previous trading day; Henan Fengli Petrochemical Co., Ltd.’s quote is 1,750 CNY/ton, up 50 CNY/ton from the previous trading day; and Guangrao Zhenghe Petrochemical Co., Ltd.’s quote is 2,900 CNY/ton, up 70 CNY/ton from the previous trading day.
Lowered-Price Companies: On the same day, Shandong Tianhong Chemical Co., Ltd. quoted 2,800 CNY/ton, down 220 CNY/ton from the previous trading day; Shandong Dongfang Hualong Group quoted 1,750 CNY/ton, down 20 CNY/ton from the previous trading day; and Yatong Petrochemical quoted 3,600 CNY/ton, down 30 CNY/ton from the previous trading day.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
