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Pet Coke Price Trend Analysis 2026: Market Insights, Historical Prices, Supply Demand Analysis, Latest News & Price Drivers

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Pet Coke Price Trend Q1 2026

Product Region Incoterm Basis Price Last Updated Month
Pet Coke China FOB USD 486.30/MT April 2026
Pet Coke India CIF USD 536.18/MT April 2026
Pet Coke USA CIF USD 573.30/MT April 2026
Pet Coke Brazil CIF USD 607.40/MT April 2026
Pet Coke Canada CIF USD 573.30/MT April 2026
Pet Coke China FOB USD 396.00/MT March 2026
Pet Coke India CIF USD 172.67/MT March 2026
Pet Coke USA CIF USD 195.00/MT March 2026
Pet Coke Brazil CIF USD 458.00/MT March 2026
Pet Coke Canada CIF USD 195.00/MT March 2026

Stay Updated with the Latest Pet Coke Prices, Historical Data, and Tailored Regional Analysis

  • Global pet coke prices showed a firm-to-mixed trend in Q1’26 as refinery output stayed stable while freight and energy risks increased due to geopolitical disruptions.
  • Feedstock conditions remained supportive as refinery throughput and heavy residue availability ensured a steady supply, though logistics costs increased.
  • Downstream demand remained steady from the cement, power, and aluminum sectors, supporting consistent consumption across regions.

Asia

Pet coke prices in Asia followed a firm trend in Q1’26, supported by steady downstream demand and tightening trade flows. Strong consumption from cement, power, and aluminum sectors maintained buying interest, while limited cargo availability and higher freight risk supported sentiment. The Iran war and Strait of Hormuz disruption increased shipping uncertainty, indirectly raising costs. Asia remained import-dependent, with steady demand absorbing available supply despite fluctuations in refinery output.

Europe

Pet coke prices in Europe remained stable to firm in Q1’26, supported by energy cost pressure and import dependence. Industrial demand from the cement and power sectors remained steady, while higher logistics and fuel costs increased the delivered cost risk. The Strait of Hormuz disruption affected sentiment as the route carries about one-quarter of global seaborne oil trade, raising energy and freight uncertainty. However, stable industrial demand limited volatility.

North America

Pet coke prices in North America remained stable with slight firming in Q1’26, supported by strong domestic refinery output and export-linked demand. U.S. petroleum coke exports reached 15,300 thousand barrels in January 2026, reflecting steady trade flow and global demand. Trade activity remained strong, with exports valued at $347 million in February 2026, indicating active international demand despite logistical challenges. Domestic supply reduced exposure to global disruptions, though higher freight costs influenced export competitiveness.

Analyst Insight

According to Procurement Resource, pet coke prices are expected to remain firm, supported by steady industrial demand and stable refinery output, while freight and energy volatility may continue to influence short-term market movement.

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Pet Coke Dashboard Inclusions

Pet Coke Price Dasboard

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Asia

During Q4’25, the Asian pet coke market showed strength, particularly in China and South Korea. In China, refinery outages and maintenance limited supply, while strong demand from the cement, anode, and electrode industries kept spot activity active. Seasonal restocking ahead of holidays and firm industrial consumption further supported prices. South Korea mirrored this trend, with steady downstream demand and a balanced mix of domestic production and imports keeping trading active. Overall, Asia experienced a generally firm tone, with price gains supported by tight feedstock availability and healthy industrial call-offs.

Europe

European pet coke markets were mostly stable in Q4’25. Supply remained sufficient, as refineries operated smoothly and inventories were balanced. Demand from the cement and industrial sectors was steady but not strong enough to push prices higher. Environmental regulations and compliance costs created some upward pressure on production costs, but this was offset by stable trade flows and moderate activity across key hubs like the UK and Rotterdam. As a result, Europe maintained a cautious and balanced price trend throughout the quarter.

North America

In North America, pet coke prices were generally steady with occasional firming. Production at key Gulf Coast refineries faced minor operational constraints, slightly tightening supply. Meanwhile, overall refinery throughput remained high, and demand from cement and industrial users was consistent. Despite these movements, the market stayed within a moderate range due to ample inventories and stable trade conditions.

About Pet Coke

PET Coke or better known as Petroleum coke is basically a final carbon-rich solid material that is extracted from oil refining. It belongs to a group of fuels referred to as coke. PET Coke, in particular, is extracted from a final cracking process— in a thermo-based chemical engineering process - that splits long chain hydrocarbons of petroleum into shorter chains.

Pet Coke Product Detail

Hs Code
271312
Industrial Uses

Batteries, Steel, Aluminium, Fuel, Electric Power Plants

Supplier Database

Vasundhra Enterprises, Dwarkesh Fuel Industries, Laxmi Mineral (Hindustan Westcoast Trading Co. Group), N G Minchem Private Ltd, Indian Oil Corporation Ltd

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Pet Coke Production Processes

  • Production of PET Coke via Oil Refining Process

PET Coke is known to be a final carbon rich solid material that is derived or extracted during the oil refining process. It is a product that is particularly derived by the cracking process.

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Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals

Coverage extendable to grade-specific chemicals based on procurement requirements

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Short-term and long-term price outlooks and forecasts

Supply–demand dynamics and capacity-driven market analysis

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