Petroleum Coke Market Sees Price Decline Amid Increased Supply and Weak Demand

Published: May 31, 2025 20:29
[SMM News] This week, some refineries completed maintenance and resumed production, leading to an increase in supply, particularly of mid and high-sulphur petroleum coke. Additionally, as downstream enterprises of petroleum coke generally adopted a wait-and-see attitude at month-end, market trading activity weakened, and petroleum coke prices fell continuously. Despite the approaching holiday, downstream enterprises did not exhibit significant stockpiling behavior, instead continuing to purchase as needed. Overall, the petroleum coke market currently lacks obvious positive support on both the supply and demand sides, and prices are expected to remain weak in the short term.

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[SMM News] This week, some refineries completed maintenance and resume - Shanghai Metals Market (SMM)