October 29th, according to news,
According to the SpotCom AI assistant, this analysis is based on the latest petroleum coke prices and industry data. Using the mean difference method, it is determined that the current petroleum coke market is in a strong consolidation phase with a bias towards upward momentum. Prices across multiple periods are at medium to high levels, limiting the potential for further increases. Recently, some refineries in China have slightly lowered their quotations. Import and export data can serve as a reference for subsequent supply and demand analysis.
I. Table of Finite Differences
| Difference Type | Value on October 28, 2026 | Value on October 27, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 28.00 | 39.00 | - |
| 10-Day Difference (D10) | 3.50 | -7.13 | + |
| 20-Day Difference (D20) | -19.63 | -21.06 | + |
II. Signal State Determination
The current combination of changes in the mean difference is (-, +, +), corresponding to a strong consolidation signal (slightly bullish).
III. Conclusions on Trend Directions
The current price trend is oscillating, reason: the change directions of the 5-day, 10-day, and 20-day moving average differences from the previous day are not entirely consistent, which does not meet the criteria for a clear upward/downward trend. It is in an oscillating range, and the strong consolidation signals with a bullish bias indicate a higher probability of subsequent oscillation trending upwards.
IV. Positional Spatial Reference
The current petroleum coke prices for 60-day, 3-month, and 1-year periods are all at a medium-high level, corresponding to the 4th tier out of 5, with relatively limited room for further increase.
Five, Trend Chart Display
VI. Latest Industry Benchmark Data
1. Import and export data (released by the General Administration of Customs of China on October 28, 2026)
In September 2026, China's calcined petroleum coke import volume was 30,600 tons, with a cumulative import of 169,200 tons from January to September; the export volume of calcined petroleum coke in September was 101,600 tons, with a cumulative export of 693,100 tons from January to September.
In September 2026, China's import volume of uncalcined petroleum coke was 1,430,400 tons, with a cumulative import of 12,576,000 tons from January to September. The export volume of uncalcined petroleum coke in September was 41,000 tons, with a cumulative export of 295,300 tons from January to September.
2. Latest Refinery Quotes (October 28, 2026)
Qirun Petrochemical’s petroleum coke is quoted at RMB 2,833 per ton, down RMB 70 per ton from the previous trading day. Sulfur content: 3%; vanadium content: 390–430; moisture deduction: 5%. The delayed coking unit has a capacity of 1.6 million tons per year, with a daily output of 700 tons.
Henan Fengli Petrochemical Co., Ltd. is offering petcoke at 2950 CNY/ton, a decrease of 50 CNY/ton from the previous trading day, with sulfur content at 2.2 and vanadium content between 300-400.
Zibo Xintai Petrochemical Co., Ltd. offers petroleum coke at 3755 CNY/ton, a decrease of 50 CNY/ton from the previous trading day. The sulfur content is 2.2, and the vanadium content is 300. The daily production of petroleum coke from coking is 500 tons, and the company's shipments are normal.
VII. Risk Disclosure
The above analysis is for reference only and does not constitute trading advice.
