China&#xx;s Petroleum Coke market experienced a significant price uptick in November xxxx, driven by a surge in new orders from the expanding downstream cement and aluminum sectors. The post-National Day holiday period in October witnessed a resurgence in consumer sentiment within the construction industry, which translated into increased demand for Petroleum coke during November xxxx.
The Petroleum Coke market in China has rebounded to settle USD xxx/ MT (Calcined) Ex-Shanghai with a monthly hike of x.xx during November xxxx. A key factor contributing to the price hike was the scarcity of spot goods in the market. The Pet coke supply in China remained tight due to high demand from the cement and aluminum production end. This heightened demand, coupled with the limited availability of low-sulfur petroleum coke in port areas, has resulted in a tight supply situation. The suspension of trading and quoting by...
