Weak prices in coal markets expected to keep pushing petcoke prices further down

摘要

A couple of imminent petroleum coke transactions are expected to shed light on near-term pricing for high- and mid-sulfur material, and the numbers likely will be more pleasing to consumers. Bids for two small cargos of Marathon petcoke - one each from the Garyville and Texas City refineries - will offer a glimpse of the direction petcoke pricing is headed, with the consensus opinion calling for a decline that could continue for a few months.