The U.S. Petroleum Coke market is currently steering a complex environment shaped by rising feedstock costs, logistical disturbances, and shifting global industrial demand. Infrastructure challenges, along with recent federal investments in domestic manufacturing, are adding new layers to the Petroleum Coke market dynamics, both short and long term.
In early April xxxx, Petroleum Coke prices in the U.S. rose by x.xxx, increasing from USD xxx/tonne in late March to USD xxx/tonne. This upswing closely tracks a x.xxx jump in crude oil prices, the primary feedstock for Petroleum Coke production. The upward curve in oil prices has created a ripple effect, strengthening cost pressures across petroleum derivatives, including Petroleum Coke, and contributing to a moderately bullish market sentiment.
Century Aluminum was recently given $xxx million by the U.S. government to build the first new main aluminum smelter in the country in xx years. This is a big...
