Petroleum Coke Spot Prices Surge 3.78% in Three Days, Driven by Refinery Maintenance and Supply Tightness

Deep News
Aug 03

Data from Tonghuashun iFinD shows that the spot price of petroleum coke reached 3,430.75 yuan per ton on August 3, rising 3.62% in a single day. Over the past week, the price has increased by 3.78%, and over the past month, it has climbed by a cumulative 7.18%.

The price trend for petroleum coke as of August 3, 2026, shows a current price of 3,430.75 yuan per ton, with a daily gain of +3.62%, a weekly gain of +3.78%, and a monthly gain of +7.18%.

Understanding the reasons behind the petroleum coke price surge:

Petroleum coke is a byproduct of oil refining, positioned downstream of crude oil and upstream of raw materials like carbon products. The price increase on August 3 is primarily due to reduced operating rates and unit maintenance at refineries, leading to a contraction in supply. This is coupled with stable demand from downstream sectors such as pre-baked anodes, carbon products, and anode materials, coupled with active restocking, creating a supply-demand imbalance that pushes coke prices higher. Additionally, changes in the pace of earlier import arrivals and the drawdown of port inventories have strengthened the market's bullish sentiment.

Stocks related to the petroleum coke commodity include: Kangputun up 9.99% at 12.44 yuan, Bohui Co., Ltd. up 4.89% at 10.51 yuan, Bohai Chemical up 4.53% at 3.23 yuan, Daqing Huake up 4.03% at 14.97 yuan, and Maohua Shihua up 3.57% at 3.77 yuan.

Please note that a rise in commodity prices does not necessarily mean a corresponding rise in related stocks. Stock performance is also influenced by factors such as earnings, policies, and market sentiment. The above content is compiled by AI and is for reference only. It does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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