Market participants calculate Laura's lost coke

摘要

Refners are still assessing the damage caused by the category 4 Hurricane Laura that slammed the Texas/Louisiana border last week, with traders and cement makers giving varying estimates of the storm's petroleum coke supply impact. Estimates of the amount of coke production lost range from as little as 100,000t to as much as 300,000t. It is unclear how long some refneries could be down, as some are still waiting for electricity to be restored. But it is also difcult to gauge how much production is being lost each day as many refners were not operating at full capacity prior to the storm.