October 19th, News
According to the Spotcom AI assistant, this analysis is based on the latest spot price data. Using the mean difference method, it shows that the current petroleum coke is in a strong consolidation (bullish) fluctuation trend, with prices in the upper range of the past year's cycle. The upstream crude oil cost support is strong, and subsequent attention should be paid to the impact of the downstream demand for goods on the price.
I. Explanation of the Latest Data
The latest available petroleum coke spot data in China is up to October 18, 2026. It is recommended to refer to real-time data.
II. Table of Finite Differences
| Mean Difference Indicator | Value on October 18, 2026 | Value on October 17, 2026 | Direction of Change |
|---|---|---|---|
| D5 (5-day mean difference) | 5.00 | 7.50 | - |
| D10 (10-day mean difference) | -16.50 | -21.50 | + |
| D20 (20-day mean difference) | -5.63 | -6.50 | + |
III. Signal State Determination
The current combination of changes in the mean differences is (–, +, +), which constitutes a strong bullish consolidation signal.
IV. Conclusions on Trend Directions
The current petroleum coke price trend is oscillating (with a bullish bias). Reason: The changes in the three averages compared to the previous day are not entirely consistent, meeting the criteria for an oscillating market. Additionally, the signal combination corresponds to strong consolidation characteristics, indicating a stronger short-term bullish attribute.
Five, Positional Spatial Reference
Petroleum coke prices over the past year have been in the 4th tier (moderately high) range, indicating limited potential for further increases. There is some cost support below, making a significant decline less likely.
VI. 1-Year Price Trend Chart
VII. Upstream and Downstream References
Upstream: Brent crude is currently trading near a one-year high, providing strong cost‑side support for petroleum coke.
Downstream: Covering areas such as anhydrous aluminum chloride, silicon carbide, steel, and glass, currently, the prices of glass and anhydrous aluminum chloride are at low levels. The subsequent pace of demand recovery may affect the price trend of petroleum coke in China.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
