USG Supramax market shows higher rates on all routes
The USG Supramax freight market showed elevated activity, with improved rates across all trades. The segment seemed to be in a good place as the US grain season started and furt...
Petcoke
177 posts · Page 1 of 18
Energy complex higher and petcoke in a sharp rally above US$100 – central banks act on rising inflation
The situation around the Strait of Hormuz (SoH) and US military action against Iran is dragging on and still dominates the major moves in the markets. Oil in particular is react...
Petcoke discount to coal fall sharply as prices continue their rally
Oil prices were hovering around US$100, coming back from US$110-112, based on possible talks between the USA and Iran as well as increased OPEC production. Petcoke is now seeing...
Fresh fighting in Strait of Hormuz propels the energy complex higher, while petcoke discounts increase
New strikes on vessels in the Strait of Hormuz (SoH) and US military action against Iran have been immediately reflected in oil prices. This has dragged gas prices higher throug...
Geopolitics to the fore again as USA-Iran agreement breaks down – petcoke on the rise again
As predicted in last issue, the peace agreement between the USA and Iran lasted less than a month before conflict resumed. This, combined with new escalation in the war between ...
Petcoke discounts enter cheap zone
Oil fell sharply to below US$80 and coal prices declined by more than 15 per cent as the USA and Iran’s MoU for 60 days calmed the markets. Lower bunker prices have seen freight...
Collapse in petcoke prices restores the discount towards coal
The geopolitical situation between Iran and the USA-Israel continues to dominate the markets, with changing statements concerning a ceasefire agreement, new hostilities between ...
High volatility based on war and lockdown of Strait of Hormuz
The USA/Israel-Iran conflict and double blockade of the Strait of Hormuz have dominated the markets, with statements from both sides prolonging volatility in oil and other marke...
Closure of the Strait of Hormuz continues to impact energy prices
The US/Israel and Iran war and the closure of the Strait of Hormuz continue to dominate the energy complex. The price of oil is extremely volatile around US$100/bbl and while co...
War and outcome of talks dictate the energy markets – petcoke back in expensive zone towards coal
At the time of writing (early April) a ceasefire between the USA and Iran has been declared, leading to massive falls in the energy complex. The first weekend of talks ended wit...