From Smelters to Steel: Downstream Demand Reshapes Global Petroleum Coke Outlook for May

From Smelters to Steel: Downstream Demand Reshapes Global Petroleum Coke Outlook for May

Thomas Jefferson 22-May-2025

The global Petroleum Coke market is heating up this May as crude oil prices surge, refineries peel back production, and supplies tighten. From China&#xx;s aluminum smelters to European steel mills, regional markets are shifting to new realities as trade compromise, African mining disturbances, and changing downstream demand shape an emerging picture. While some countries see prices jump, others remain flat—everyone, however, is bracing for what&#xx;s next in the turbulent Petroleum Coke prospects.

Fueled by a x.xx increase in crude oil, Petroleum Coke prices in China surged x.xx to USD xxx/tonne (Ex-Shanghai).  While demand from the aluminum industry is still strong, the local Petroleum Coke supply has been constrained by lower refinery activity in April.  With xx mining permits revoked, Guinea, a major source of bauxite, has experienced disruptions that have shaken China&#xx;s smelters and cast a long shadow over...

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