September 23 report:
According to the SpotCom AI assistant, the current petroleum coke average difference indicator shows a strong consolidation (bullish) signal (-, +, +). Short-term prices are expected to fluctuate with a bullish bias. However, the 1-year cycle price is already in a high range, limiting further upside potential. The cost of crude oil has slightly weakened, and downstream demand is diverging. It will be necessary to monitor the sustainability of demand from downstream industries such as glass.
The latest data indicate
The latest available petroleum coke related data in China is up to September 22, 2026. It is recommended to refer to real-time data.
1. Mean Difference Variation Table
| Difference Type | Value on September 22, 2026 | Value on September 21, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 58.00 | 74.00 | - |
| 10-Day Difference (D10) | 67.75 | 60.75 | + |
| 20-Day Difference (D20) | 57.00 | 45.50 | + |
2. Signal status determination
The current average difference change symbol combination is (－, ＋, ＋), which belongs to a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current trend in petroleum coke prices is volatile but tilted to the upside:
Reason: The changes in the 5-day, 10-day, and 20-day periods do not completely align with the previous day's direction, meeting the criteria for a volatile market. This corresponds to a strong consolidation (bullish) type, with relatively low short-term downward pressure.
4. Position Space Reference
The price of petcoke in China over a 1-year period is at the 5th level out of 5 levels (high position), with limited room for further increase. If subsequent demand does not keep up, there is a possibility that the price will rise and then fall back.
5. Trend chart display
6. Upstream and Downstream Fundamentals Reference
Cost side: Over the past year, Brent crude oil prices have remained at moderate to high levels, providing some support to the cost of petroleum coke. However, with crude oil prices recently easing slightly, the strength of this cost support has weakened somewhat.
Demand side: Downstream glass prices, on a 60-day cycle, remain at elevated levels. The supportive demand from the photovoltaic and construction sectors is being passed through to petroleum coke, resulting in overall decent demand. Meanwhile, other downstream applications, such as anhydrous aluminum chloride, are relatively weak, exerting only limited upward pressure on prices.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
