October 12th News
According to the SpotCom AI assistant, in this period, spot prices for different qualities of petroleum coke in China have shown divergent trends. The high operation of international crude oil prices upstream provides strong support to the cost end of petroleum coke. Combining the average difference indicators, it is judged that the current petroleum coke is in a strong consolidation and slightly bullish oscillation pattern, with prices at a high level in the annual cycle, and limited short-term upward space.
I. Summary of Recent Spot Price Adjustments
On October 10, 2026, the low-sulfur petroleum coke quotation from Guangrao Zhenghe Petrochemical in China was 3990 CNY/ton, an increase of 70 CNY/ton from the previous trading day; the petroleum coke quotation from Henan Fengli Petrochemical was 3000 CNY/ton, an increase of 20 CNY/ton from the previous trading day; on October 9, the petroleum coke quotation from Zibo Xintai Petrochemical was 4255 CNY/ton, a decrease of 50 CNY/ton from the previous trading day, while the high-sulfur petroleum coke quotation from Wudi Xinyue was 2283 CNY/ton, an increase of 20 CNY/ton from the previous trading day. The petroleum coke quotation from Shandong Tianhong Chemical was 2515 CNY/ton, a decrease of 100 CNY/ton from the previous trading day. Spot quotations for different qualities showed divergent trends. Upstream Brent crude oil is currently at a high point in its annual cycle, providing strong support to the cost end of petroleum coke.
II. Table of Finite Differences
| Difference Type | Value on October 11, 2026 | Value on October 10, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 18.00 | 25.00 | - |
| 10-Day Difference (D10) | 8.50 | 5.00 | + |
| 20-Day Difference (D20) | -24.50 | -28.75 | + |
III. Signal State Determination
The current mean difference change combination is (-,+,+), which belongs to a strong consolidation (biased towards bullish) signal.
IV. Conclusion on Trend Direction
The current price trend is oscillating (with a bullish bias), reason: the directions of the three average differences compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend, thus it falls within an oscillation range. The characteristic of this oscillation is a strong consolidation with a bullish bias.
V. Positional Space Reference
Petroleum coke prices for 60-day, 3-month, and 1-year periods are all at high levels, corresponding to the 5th tier in a 5-tier classification, with limited room for further increases.
VI. 1-Year Trend Chart Display
VII. Risk Disclosure
The above analysis is for reference only and does not constitute trading advice.
