Petroleum Coke Prices Continue Downward Trend Amid Weak Demand

Published: Apr 30, 2025 16:38

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In the petroleum coke market, refineries' shipment performance was poor this week, and downstream enterprises' buying sentiment was low, causing petroleum coke prices at refineries to continue their downward trend. As month-end approached, downstream enterprises in the petroleum coke market generally adopted a wait-and-see attitude, and stockpiling before the holiday failed to provide significant support. Although some refineries entered the maintenance period, which to some extent provided a floor for petroleum coke prices, the weak downstream demand for petroleum coke exerted obvious downward pressure on its prices. SMM expects that petroleum coke prices will mainly remain stable with a downward bias in the short term.

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