September 7 news
According to the SpotCom AI assistant, this analysis of petroleum coke price trends is based on the latest spot data up to September 6, 2026. The current signal for the average difference in petroleum coke prices indicates a strong consolidation (favoring an increase). Prices are at a high level within a 1-year cycle. Upstream Brent crude oil is at a high price, providing strong support for the cost end. Recently, most refineries in China have raised their quotations for petroleum coke, indicating a strong short-term trend. Attention should be paid to the subsequent impact of changes in demand from downstream sectors such as glass and graphite electrodes on prices.
Daily report after correction
1. Mean Deviation Change Table
| Mean Deviation Indicator | Value as of September 6, 2026 | Value as of September 5, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Mean Deviation (D5) | 13.50 | 30.65 | - |
| 10-day Mean Deviation (D10) | -7.13 | -25.20 | + |
| 20-day Mean Deviation (D20) | -17.50 | -23.85 | + |
Note: The latest available data currently dates as of September 6, 2026. It is recommended to refer to real-time data for the most up-to-date information.
2. Signal Status Judgment
The current three deviation change direction combinations are (-, +, +), which belong to a strong consolidation (biased towards bullish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating. Reason: The directions of the three average differences compared to the previous day are not entirely consistent, which meets the criteria for an oscillating trend. Coupled with a strong consolidation signal that favors an upward bias, there is a higher probability of a short-term oscillation with a stronger upward tendency.
4. Position Space Reference
The 60-day price cycle is in the second tier (mid-to-low range), with limited room for short-term declines.
The 3-month cycle price is in the 3rd tier (median), with relatively balanced upside and downside potential.
1 year cycle price is in the 4th tier (moderately high), and the room for medium to long-term increase has narrowed.
5. 1 Year Trend Chart Display
6. Recent dynamics in the spot market in China
Since September, the quotations for petroleum coke from Chinese refineries have generally been strong.
Zibo Xintai Petrochemical's petroleum coke increased by 150 CNY/ton on September 3 and by 50 CNY/ton on September 4, with the price reported at 3905 CNY/ton on September 4. The company's shipments are normal.
Guangrao Zhenghe Petrochemical's petroleum coke increased by 110 CNY/ton on September 2, 70 CNY/ton on September 3, and 50 CNY/ton on September 4. The price was reported at 3520 CNY/ton on September 4.
Only a few niche categories of low-sulfur / high-sulfur petroleum coke saw slight price decreases, with the overall market trading stably in China.
7. Industry Chain Impact Alert
Upstream: Brent crude oil is currently at the high end of its 60-day cycle, and cost factors provide strong support for petroleum coke.
Downstream: Glass is currently at a low price point in its 1-year cycle, and weak demand may put some pressure on the upside of petroleum coke. It is necessary to pay attention to changes in other downstream demands such as graphite electrodes and calcined coke.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.