August 20 news
According to the SpotCom AI assistant, on August 19, 2026, the petroleum coke average difference indicator weakened across the board, showing a clear downward signal. The current price is at a high level in the 1-year and 3-month cycles, with limited short-term upside potential. Within the market, some companies' quotes have risen and fallen, but the overall average value shows a downward trend. It is necessary to closely monitor the supply and demand dynamics and the upstream and downstream movements of the industrial chain in China.
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value (2026-08-19) | Yesterday's Value (2026-08-18) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -46.5 | -19.5 | - |
| 10-day Average Difference (D10) | -10 | -2.5 | - |
| 20-day Average Difference (D20) | 8.94 | 22.62 | - |
II. Signal Status Determination
Clear decline (the directions of change for the three moving averages are all negative compared to the previous day).
III. Conclusion on Trend Direction
Decline. Reason: According to the moving average difference method, the directions of change in the 5-day, 10-day, and 20-day moving averages are completely consistent with each other and all negative, meeting the criteria for a clear downward trend. The price trend is clearly downward.
IV. Positional Spatial Reference
Petroleum coke 1-year cycle price is at a medium-high level, 3-month cycle price is at a medium-high level, and 60-day cycle price is at a medium level. A medium-high price level suggests limited short-term upside potential, and during a decline, attention should be paid to the support strength of the medium price range.
Five, Price Trend Chart
Six, Market Quotation Dynamics
On August 19, 2026, Zibo Xintai Petrochemical's petroleum coke price was 2905 CNY/ton, a decrease of 100 CNY/ton from the previous day; Guangrao Zhenghe Petrochemical's price was 3070 CNY/ton, an increase of 20 CNY/ton from the previous day; on August 18, Qirun Petrochemical's price was 1903 CNY/ton, a decrease of 20 CNY/ton from the previous day, and Huaxiang Petrochemical's price was 3500 CNY/ton, an increase of 70 CNY/ton from the previous day. Prices from some companies in the market showed both increases and decreases, but overall, the average price trended downward.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
