November 2nd News
According to the SpotCom AI assistant, the current analysis of the petcoke spot market based on the mean difference method shows that as of November 1, 2026, the price of petcoke is in a state of oscillating pullback (with a bullish bias). The 1-year cycle price is at a mid-to-high level, and the overall upward space is relatively limited. The detailed analysis is as follows:
I. Data Description
The latest available average petroleum coke price data in China is up to November 1, 2026. It is recommended to refer to real-time data.
II. Table of Finite Differences
| Mean Difference Indicator | Value as of November 1, 2026 | Value as of October 31, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -4.5 | -10.5 | + |
| 10-Day Mean Difference (D10) | 6.75 | 13.25 | - |
| 20-Day Mean Difference (D20) | -7.13 | -9.56 | + |
III. Signal State Determination
The current mean difference change symbol combination is (+, -, +), which matches the characteristics of a retrace (bullish) signal.
IV. Conclusions on Trend Directions
The current price trend is oscillating, 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 uptrend or downtrend, and it belongs to a bullish retracement within an oscillating range.
V. Positional Space Reference
Petroleum coke 60-day and 3-month cycle prices are in the mid-range (3rd tier), while the 1-year cycle price is in the 4th tier (mid-high range), with limited overall room for increase.
VI. Trend Chart Display
VII. Risk Disclosure
The above analysis is for reference only and does not constitute trading advice.
