October 10th report:
According to the SpotCom AI assistant, this daily report is based on the spot price data of October 9, 2026. The current petroleum coke spread combination indicates a strong rebound signal, with an overall volatile trend. Prices are in the higher range over the past year. Upstream crude oil has strong cost support, while downstream demand is mixed. The short-term trend is expected to be volatile with a bias towards rebound.
I. Data Description
The latest available data is up to October 9, 2026, and it is recommended to refer to real-time data.
II. Table of Finite Differences
| Mean Difference Indicator | Value on October 9, 2026 | Value on October 8, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference | 7.00 | 4.00 | + |
| 10-Day Mean Difference | 1.50 | -1.75 | + |
| 20-Day Mean Difference | -31.50 | -27.25 | - |
III. Signal State Determination
The current combination of three deviations is (+, +, -), which belongs to a strong rebound (bullish, rebound nature) signal.
IV. Conclusion on Trend Direction
The current trend of petcoke prices in China is fluctuating. The rationale for this judgment is that the changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. Therefore, it is judged as a fluctuating trend, with a bias towards a rebound.
Five, Spatial Reference
Petroleum coke 60-day, 3-month, and 1-year cycle prices are all in the 4th tier (moderately high) of the 5-tier system. The room for further upward movement is relatively limited, with strong support from the cost side, and the downward space is narrowing.
VI. 1-Year Trend Chart Display
VII. Upstream and Downstream References
Upstream: Brent crude oil is currently trading at a nearly one-year high, providing strong support to the cost side of petroleum coke.
Downstream: Glass is at a price low over the past year, with weak demand support. The demand for other downstream products such as anhydrous aluminum chloride, graphite electrodes, and steel remains stable in China.
Eight, Risk Warning
The above analysis is for reference only and does not constitute trading advice.
