Most petroleum coke prices slid again this week as scarce demand persists. But offer prices remain relatively firm as traders resist committing to loss-making deals. The US Gulf price slipped by 50￠ this week to $49.50/t after falling by $3 in the previous week. Sellers are looking to delay significant reductions in offers both in an expectation of lower freight rates in coming weeks as more supramax vessels enter the US Gulf region and in the hope of lower index prices easing the pain once these are published next week.
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