Price Trends of Pet Coke in its Latest Insights and Dashboard

Request for Real Time Pet Coke Prices: https://www.procurementresource.com/resource-center/pet-coke-price-trends/pricerequest

Petroleum coke, often known as pet coke, is a solid carbon by-product of the oil refining process that also includes metals, non-volatile inorganic compounds, and elemental forms of sulphur. Pet coke differs from other regularly used fossil fuels as it is highly stable and non-reactive in ambient conditions. Also, it does not dissolve in water, has a high calorific value, and has a low ash content. In power plants and companies that produce electrical equipment, magnesite, ceramic, and cement, pet coke is widely used as a primary fuel source in place of coal. The process of refining oil results in the production of pet coke.

The United States, South Korea, Singapore, Canada, and Spain are the top producers of petroleum coke.

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, coal price and carbon black price etc. 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 trend, 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 industrial uses of pet coke, such as a feedstock for the steel and iron industries and in the production of electrodes, have an impact on its price trend. Pet coke is also used to make batteries and fuels.

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: Trade sources and shipping information indicate that Indian businesses are now buying sizeable amounts of petroleum coke from Venezuela as the OPEC countries increase exports that are not specifically targeted by the U.S. sanctions. Due to a scramble for low-cost fuel to power factories as the price of coal has surged globally, India's demand for Venezuela's pet coke, an oil refining by-product and coal alternative, is on the rise.

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• PET Price Index

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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