Energy Argus launches new petroleum coke report
Energy Argus is looking to bring the deep Argus experience in market analysis and indexing to an important but often neglected corner of the industry. The goal of this report is to produce index-quality assessments of the coke market, and to provide unique analysis coke prices and their direction.
US Gulf coast prices are quoted for 4.5% and 6.5% sulphur coke, with separation by 40 and 70 HGI specification. US West coast prices are quoted for 3% and 4.5% sulphur coke. Prices adjusted for sulphur dioxide allowances are also included.
The top story in this month's issue is the collapse of high sulphur coke prices on the US Gulf coast. As much as 12 mn tons/year of coke production is coming on line in the next 15 months along the US Gulf coast and in the Caribbean basin -- most of it high sulphur. This has discouraged buyers and pushed the market to below $10/ton. But in the long term, this only makes petroleum coke a more viable burnstock than coal, its main competitor. High sulphur coke is now roughly 20% the price of the most actively traded coal grades.
For a free sample of this report, visit www.energyargus.com/coke or send an email to sales@petroleumargus.com.
Energy Argus Inc., the youngest company in the Argus group, is dedicated to creating a knowledge and analysis resource for the power industry in the US and Europe. Energy Argus covers news and prices and reports on all developments that might have a medium or long-term impact on markets for power, coal, coke, and emissions. Energy Argus is a sister company of Petroleum Argus, which has a 30-year reputation for providing index prices and strong market analysis.
Source: Energy Argus Inc.