China's Petroleum Coke Imports Dropped Sharply in 2024, Recovery Expected in 2025

[SMM Analysis: China's Petroleum Coke Imports Significantly Declined in 2024, Market Demand Expected to Recover in 2025]

According to customs data, China's petroleum coke imports in December 2024 totaled 982,900 mt, down 7.32% MoM and 28.45% YoY. The estimated import price of petroleum coke in December was $136.84/mt, down 11.57% MoM and 21.67% YoY. In 2024, China's total petroleum coke imports amounted to approximately 13.4 million mt, down 16.35% YoY.