Coking product prices are rising, and the profit margins for Shandong local refineries' coking operations have significantly increased.

The latest data shows that as of the week ending February 5th, the theoretical processing profit for Shandong independent coking units is 143 yuan/ton, an increase of 27 yuan/ton from the previous week, a growth of 23.28%; compared to the same period last year, it has decreased by 87 yuan/ton, a decline of 37.83%. Currently, the domestic delayed coking theoretical profit is in a profitable state. This week, the weekly average price of coking coal has increased by 22 yuan/ton compared to the previous week, with rising costs. Other coking products have experienced more price increases than decreases, leading to an overall upward trend in coking product prices. The price increase of coking products is greater than the increase in coking costs, resulting in a slight increase in the theoretical profit for delayed coking. (Longzhong Information)