September 1st News
According to the SpotCom AI assistant, as of August 31, 2026, the petroleum coke average difference signal indicates that the current market is in a deep correction and bearish state. The overall market trend is fluctuating. The price over a 1-year cycle is at a mid-high level with limited upside potential, while the 60-day cycle is at a low level with narrowing downside potential. Recently, many refineries in China have lowered their quotations, and attention should be paid to the fluctuations in upstream crude oil prices and changes in demand from downstream sectors such as glass and graphite electrodes.
Data Explanation
The latest available data is up to August 31, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Average Difference Type | Value as of August 31, 2026 | Value as of August 30, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -93.00 | 16.75 | - |
| 10-day Average Difference (D10) | -0.13 | 9.25 | - |
| 20-day Average Difference (D20) | -41.68 | -43.13 | + |
2. Signal Status Judgment
The current average difference change combination is (-, -, +), which belongs to a deep correction (biased towards bearish, corrective nature) signal.
3. Trend Direction Conclusion
The current price trend is oscillating. Reason: The directions of the three differences compared to the previous day are not entirely consistent, which meets the criteria for an oscillating trend. Coupled with a deep correction signal that is slightly bearish, the overall short-term trend is relatively weak.
Spot market evidence: On August 31, the petcoke quotes from Zibo Xintai Petrochemical, Yatong Petrochemical, and Huaxiang Petrochemical in China were respectively reduced by 100 CNY/ton, 150 CNY/ton, and 330 CNY/ton, with overall stable shipments from the companies.
4. Position Space Reference
60-day cycle price is in the 1st tier (low position): limited room for decline
The 3-month cycle price is in the second tier (mid-to-low range).
1 year cycle price is in the 4th tier (mid-high): limited upside potential
5. Trend chart display
6. Upstream and downstream references
Upstream: Currently, the 60-day, 3-month, and 1-year price cycles for Brent crude oil are all at the median level, with a relatively stable trend.
Downstream: Glass prices are at a low point in the 1-year cycle, while anhydrous aluminum chloride prices are at a high point in the 1-year cycle. Attention should be paid to the impact of changes in downstream purchasing demand on the price of petroleum coke in China.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
