Supply restrictions lift Chinese GPC prices

摘要

Anode grade green petroleum coke prices rose in China last month, as domestic refnery coke production continued to lag demand.Green petroleum coke (GPC) inventories remain low, as Chinese refneries buy sourer crudes and produce higher- sulphur coke. Refnery utilisation rates are also low, and eforts to close smaller refneries in Shandong as part of a refnery consolidation scheme has some buyers seeking new suppliers.