Mediterranean petcoke demand plunges, hit by coronavirus pandemic

摘要

London—The highly price-sensitive petcoke market slid across the board over the week as prices slumped due to the coronavirus pandemic, which has cascaded demand in the Mediterranean region, sources said Wednesday. The market, which has a global consumption that is highly dependent on competitive prices in fuel market heard little activity throughout the Mediterranean region as minimal growth of cement and the construction industry due to reduced operating rates from worldwide lockdown restrictions.