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Pressure from all sides squeezes global petcoke markets

September 25, 2015 (6:16 mins)



Extreme low demand is pulling down petcoke prices worldwide, with US refineries struggling to unload the product and buyers in India and Turkey turning to coal instead of choosing petcoke. Platts editors Jeffrey McDonald, of Platts Coal Trader, and Jaime Concha, of Coal Trader International, discuss how currency concerns, political issues, confusion over imported fuels, emissions requirements and a possible ban from the Chinese government on petcoke over 3% sulfur content are shaping markets worldwide.


The following Platts assessments were discussed in this podcast:
Price Date
FOB US Gulf Coast weekly spot petcoke $35.00-39.00/mt 09/24/2015
CIF Turkey weekly spot petcoke $70.50/mt 09/24/2015



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