Petroleum Coke Price | South Africa — Q4 2023
Check how the Petroleum Coke price evolved in South Africa, from Q4 2022 to Q4 2023.
The Petroleum Coke price in South Africa increased during Q4 2023 to 831 USD per metric ton, which represents a considerable rise of 13% compared to the previous quarter’s value. On a year-over-year basis, Petroleum Coke prices in South Africa increased by 46%.
The chart below shows quarterly Petroleum Coke prices, in USD per metric ton in South Africa and other selected countries in Africa & Middle East.
For further information on the pricing of Petroleum Coke, including:
- Current prices, on a monthly basis
- 10-year historical pricing data
- Short-term Price Forecasts
Check below:
▶ https://www.intratec.us/products/energy-price-references/commodity/petroleum-coke-price-south-africa
Wouldn’t it be great to be able to monitor 13 key energy commodities in as many as 33 strategic countries worldwide?
Click below and benefit from this offer:
▶ https://www.intratec.us/products/energy-price-references
A Little Bit About Petroleum Coke
Petroleum Coke is a solid, carbon-rich material, derived from crude oil refining. More specifically, coke is a bottom of the barrel by-product, result of the end of the cracking process. It is usually distinct in two varieties: fluid coke and flexicoking coke. Fluid coke, or green coke, is obtained from delayed cooking processes. On the other hand, flexicoking is fine grained, with a great level of isotropy. There is also calcinated coke, which is a product of green coke, after above 1300 °C heating. Some Petroleum Coke trades may occur in the spot market, in which the commodity can be purchased for immediate delivery.
The production of Petroleum Coke grew tremendously in the middle of the twentieth century, since petcoke became intensive marketed as a petroleum product in its own right. By country, the United States and China are the largest producers worldwide, followed by South America, Canada, India, Middle East, and Western Europe. Currently, more than 70% of the produced coke is of the green type.
Petroleum Coke in bulk quantities is stored in piles. It is necessary to maintain optimal moisture content and control fugitive dust emissions during storage. This can be done by pile height and compaction control, wetting with water — by water cannons, water trucks, or sprays — and treatment with anti-dust agent.
Petroleum Coke is used mainly as fuel, especially in applications that require very high temperatures like metallurgy (cheap fuel for cement industry) or in electricity generation. It is also used as a component of electrodes. This commodity can be used in the manufacture of derivatives, such as: ammonia; molded carbon; coke oven gas; metallurgical coke; copper; silicon carbide; calcined sponge coke; synthesis gas.
About Intratec Solutions LLC
Intratec is a leading B2B provider of commodity strategic data and analyses. We are an online business whose mission is to provide reliable information about commodities, empowering companies to make accurate, high value-added decisions.
For more information, visit www.intratec.us
