North America Petroleum Coke Prices Movement Q3:
Petroleum Coke Prices in United States:
In September 2024, petroleum coke prices in the United States remained steady at 370 USD/MT. Throughout Q3 2024, the market maintained stability due to an increase in supply and cautious buying behavior. Supply chain disruptions, including transportation strikes and seasonal hurricanes, raised logistics costs. However, discounts and seller offers in September helped to stabilize prices. Additionally, strategic purchasing by buyers ensured a balance between supply and demand, preventing significant price fluctuations. These combined factors contributed to the consistent petroleum coke prices observed during the quarter.
APAC Petroleum Coke Prices Movement Q3:
Petroleum Coke Prices in China:
In September 2024, petroleum coke prices in China remained stable at 275 USD/MT. Throughout Q3 2024, the market faced considerable challenges due to trade disruptions, economic slowdowns, and ongoing supply chain issues. The quarter began with major port closures and flooding, which severely impacted logistics and trade. Coupled with global economic downturns, this led to reduced consumption and a price drop by August. However, by September, the resumption of manufacturing and port operations helped restore supply. Despite this recovery, the market remained sluggish, with prices continuing to decline due to weak demand and lingering effects from earlier disruptions.
Europe Petroleum Coke Price Movement Q3:
Petroleum Coke Prices in Netherlands:
In September 2024, petroleum coke prices in the Netherlands were recorded at 360 USD/MT. Throughout Q3 2024, prices experienced modest declines due to a combination of factors. Sellers' discounts and an oversupply put downward pressure on prices, while seasonal supply chain disruptions exacerbated the situation. Additionally, weak demand from the construction sector and falling coal prices contributed to the decline. The early part of September saw reduced market activity, influenced by holiday effects, which helped sustain the downward trend. These factors collectively led to a sluggish market and a gradual decrease in petroleum coke prices.
Latin America Petroleum Coke Prices Movement Q3:
Petroleum Coke Prices in Brazil:
In September 2024, petroleum coke prices in Brazil were recorded at 435 USD/MT. Throughout Q3 2024, prices remained stable despite rising crude oil costs, mainly due to discounts offered by producers. Temporary supply issues arose from export sanctions, but expectations of potential exemptions in August helped stabilize the market. By September, cautious buying behavior dominated as market participants hesitated to make large purchases amid uncertain conditions. These combined factors contributed to price stability, with a slight decline by the end of the quarter due to cautious demand and supply adjustments.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Petroleum Coke Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Petroleum Coke price trend, offering key insights into global Petroleum Coke market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Petroleum Coke demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
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