October 22nd, news
According to the SpotCom AI assistant, as of October 21, 2026, the overall operation of Chinese petroleum coke spot is in a fluctuating range. The average difference indicator shows that it is currently in a strong rebound (bullish) phase, with a short-term bullish trend but of a rebound nature. The price is at a high level within the recent 1-year cycle, with limited rebound space. The upstream crude oil price is at a high level for the year, providing cost support, while the downstream demand sectors such as glass and graphite electrodes show mixed performance.
I. Data Description
The most recent available data is up to October 21, 2026. It is recommended to refer to real-time data.
II. Table of Finite Differences
| Average Difference Type | Value on 2026.10.21 | Value on 2026.10.20 | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -16.5 | -29.0 | + |
| 10-Day Average Difference (D10) | -4.88 | -7.25 | + |
| 20-Day Average Difference (D20) | -19.18 | -13.13 | - |
III. Signal State Determination
When the three consecutive divided differences change in the sequence (+, +, −), it constitutes a strong rebound (bullish, rebound‑type) signal.
IV. Conclusion on Trend Direction
The current price trend is oscillating. Reason: The direction of change in the 5-day, 10-day, and 20-day moving averages compared to the previous day is not entirely consistent, which does not meet the criteria for a clear upward or downward trend. Overall, it is in an oscillating range, with a short-term characteristic of a bullish rebound.
V. Positional Space Reference
60-day cycle price position: median
3-month cycle price position: median
1 year cycle price position: mid-high range
Spatial impact: Prices remain in the upper end of their recent one-year range, leaving relatively limited room for further gains; should prices surge rapidly, caution is advised regarding the risk of a pullback.
Six, recent price adjustment dynamics of major manufacturers in China
October 21: Shandong Tianhong Chemical's petroleum coke price was 3,050 CNY/ton, a decrease of 50 CNY/ton; Shandong Dongfang Hualong's shot petroleum coke price was 1,570 CNY/ton, a decrease of 30 CNY/ton; Kenli Petrochemical's petroleum coke price was 4,120 CNY/ton, a decrease of 30 CNY/ton; Qirun Petrochemical's petroleum coke price was 2,853 CNY/ton, an increase of 100 CNY/ton.
October 20: Zibo Xintai Petrochemical's petroleum coke price was 3,655 CNY/ton, an increase of 50 CNY/ton; Qirun Petrochemical's petroleum coke price was 2,753 CNY/ton, an increase of 50 CNY/ton; Henan Fengli Petrochemical's petroleum coke price was 3,050 CNY/ton, an increase of 70 CNY/ton; Wudi Xinyue's petroleum coke price was 2,303 CNY/ton, a decrease of 20 CNY/ton; Yatong Petrochemical's petroleum coke price was 3,570 CNY/ton, a decrease of 30 CNY/ton.
VII. Upstream and Downstream Industry Chain References
Upstream: Brent crude oil prices are hovering near one-year highs, providing cost support for petroleum coke.
Downstream: It covers areas such as anhydrous aluminum chloride, silicon carbide, steel, graphite electrodes, calcined coke, and glass. Currently, the price of glass is at a low point in nearly 1 year, and the overall support from the demand side is moderate.
8. 1-Year Trend Chart
IX. Risk Disclosure
The above analysis is for reference only and does not constitute trading advice.
