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.