Product Name | Pet Coke |
HS Code | 271312 |
Region/Countries for which Data is available |
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Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | Our services can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Pet Coke Prices: https://www.procurementresource.com/resource-center/pet-coke-price-trends/pricerequest
Petroleum coke, commonly referred to as pet coke, is a solid carbon byproduct of the oil refining process that also contains metals, non-volatile inorganic compounds, and elemental forms of sulphur. In comparison to commonly used fossil fuels, pet coke is highly stable and non-reactive in ambient circumstances, does not dissolve in water, and has a high calorific value and a low ash content.
Pet coke is frequently utilised as a primary fuel source in place of coal in power plants and manufacturers that make electrical equipment as well as magnesite, ceramic, and cement. Pet coke is produced by the oil refining process.
The leading petroleum coke-producing countries are the United States, South Korea, Singapore, Canada, and Spain. Additionally, the major importers of pet coke are China, India, Australia, and France.
Key Details About the Pet Coke Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Pet Coke price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Pet Coke Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Pet Coke Price Trend:
The Pet Coke price trend is influenced by its industrial uses which include its employment as a feedstock in the iron and steel industry and production of electrodes. Pet coke is also utilized in fuels and batteries.
Key Market Players:
- Vasundhra Enterprises
- Dwarkesh Fuel Industries
- Laxmi Mineral (Hindustan Westcoast Trading Co. Group)
- N G Minchem Private Ltd
- Indian Oil Corporation Ltd
News and Events:
- August 16, 2022: According to trade sources and shipping statistics, Indian companies are now importing considerable amounts of petroleum coke from Venezuela as the OPEC nations are increasing shipments that are not particularly targeted by U.S. sanctions. India's soaring demand for Venezuela's pet coke an oil refining byproduct and coal substitute is being driven by a race for low-cost fuel to power factories as the price of coal has skyrocketed globally.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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