September 4th News
According to the Spotcom AI assistant, this daily report on the spot market for petroleum coke is compiled using the mean difference analysis method, with data coverage up to September 3, 2026. The current combination of mean differences for the three periods of petroleum coke is (+, -, +), which is a stagnation warning (bearish) signal. The 1-year period price is at a mid-to-high level with limited upside potential. Upstream crude oil cost support still exists, but downstream demand is weak, and the probability of a bearish fluctuation in the short term is high.
Data Explanation
The latest available petroleum coke spot data in China is up to September 3, 2026. It is recommended to refer to real-time data.
1. Mean Difference Variation Table
| Average Difference Type | Value as of September 3, 2026 | Value as of September 2, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 16.95 | -29.90 | + |
| 10-day Average Difference (D10) | -33.35 | -24.30 | - |
| 20-day Average Difference (D20) | -34.05 | -36.90 | + |
2. Signal Status Judgment
The current combination of three differences in direction is (+, -, +), which meets the stagflation warning (bearish) signal.
3. Trend Direction Conclusion
The current trend in petroleum coke prices is volatile (with a bearish bias), as the changes in the 5-day, 10-day, and 20-day moving averages from the previous day are not entirely consistent, failing to meet the criteria for a clear upward or downward trend. Additionally, there is a bearish signal from the stagnation warning, indicating a higher probability of short-term volatile movement with a bearish bias.
4. Position Space Reference
The 60-day cycle price of petroleum coke is at a medium-low level, with limited room for a short-term decline; the 3-month cycle is at a medium level; the 1-year cycle is at a medium-high level, with limited room for a long-term increase.
Upstream and downstream reference: The current 1-year cycle price of Brent crude oil is at a medium-high level, providing some support to the cost of petroleum coke; the prices of downstream products such as anhydrous aluminum chloride and glass are at low levels, with insufficient demand pull.
5. Trend chart display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
