ResearchIndustry Insights2026-09-22
Paraffin Export Window Narrows to ¥280/ton; Coke Inventory Hits 87.3%
Paraffin export window narrows to ¥280/ton (down ¥95/ton), driven by fuel oil’s -2.46% drop eroding cracking margin; petroleum coke port inventory hits 87.3%, highest YTD. East China paraffin spot: ¥8,420/t; landed import cost: ¥8,700/t.