Cement News tagged under: petcoke

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Coal rallies to 2009 highs – increased demand for petcoke as discounts widening – oil stable

17 September 2021, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro tested the lower range but remains bound between US$1.17-1.20. Focus on signs of change in the Fed or ECB’s interest policies. Table 1: Prices at a glance Crude oil (US$/bbl) 72.50 Coal API2 – 4Q21 (US$) 163.00 API2 – Cal 2022 (US$) 124.00 API4 – 4Q21 (US$) 156.00 API4 – Cal 2022 (US$) ...

Coal rally reaches 2011 highs while petcoke discounts up to 37%

27 August 2021, Published under Cement News

By Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distortions. Petcoke FOB contracts are dragged up close to all-time highs with only a few deals available. Discounts for petcoke FOB (USGC 6.5 per cent, 40 HG/API 4) have increased to 37 per cent. However, freight rates have continued to climb, putting a lid on FOB prices to some extent. Additional context i...

Sharp coal rally drives petcoke higher to widen discounts – new demand fears and OPEC+ agreement sent oil falling

16 August 2021, Published under Cement News

By Brannvoll Aps, Denmark The euro is seen in the US$1.17-1.20 range with the US infrastructure package expected to support the dollar in the short-term. As forecast, inflation fears evaporated but the expected turn in commodities did not occur due to continued bottlenecks in the opening economies. Table 1: Prices at a glance Crude oil (US$/bbl) 69.25 Coal API2 – 4Q21 (US$) 132.00 API2 – Cal 2022 (U...

Holcim contracts YPF as fuel supplier

11 November 2020, Published under Cement News

YPF signed an agreement to supply natural gas and petcoke to Holcim’s plants in Malagueño (Córdoba), Campana (Buenos Aires province), Capdeville (Mendoza) and Puesto Viejo (Jujuy), Argentina. The duration of the agreement is two years and will supply all of Holcim Argentina’s natural gas and petcoke supplies, according to CE Noticias Financieras. In 2019 Holcim signed an agreement with YPF Luz with the latter supplying wind power from the Los Teros facility in Azul, Buenos Aires province. ...

CemProspects reports major developments in petcoke and freight

08 October 2020, Published under Cement News

The CemProspects online conference continued yesterday by considering the major developments for the freight and petcoke markets going forwards. Starting with freight, Guy Hindley of Howe Robinson noted that the orderbook for the dry bulk fleet has fallen to 61mdwt – a low which has not been seen since 2005. Dry bulk trade is expected to reach 6.2bnt in 2020, with petcoke and cement representing 12.5 per cent of the total. The recovery of cement and petcoke trade in 2020 has supported the...

Petcoke markets and the cement industry

11 September 2020, Published under Cement News

Conventional fossil fuels account for around 80 per cent of fuels used in cement kilns worldwide, of which petcoke accounts for a 40-45 per cent share. Ahead of the Argus Petcoke Live virtual conference, we share some insights into the petcoke and refining market alongside views from the cement industry and the positive steps it is taking on environmental initiatives. Interview with Steve Weber, VP of Americas Consulting, Argus How has the refining sector been hit by COVID-19 and oil pri...

Petcoke market sees prices slump

22 May 2020, Published under Cement News

Hit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spain-based trader said he had heard “some inquiries over the place (Japan, Pakistan, India, China, Denmark, Guatemala, etc to name some) but not real closures yet. Not much really at Med. Only running countries are Egypt and Turkey, but both ended 2019 on high clinker stocks thus demand now is not grea...

US fuel-grade petcoke market advances on Indian and Chinese demand

20 March 2020, Published under Cement News

Indian demand for petcoke is reported to remain strong due to the desacceleration in Saudi refining and higher interest from China. This is leading to a strengthening of the US fuel-grade petcoke market. However, demand from the cement industry has seen a decline. “Cement demand is very low,” said a Miami-based trader to Platts Coal Trader. “Plants are shutting down for a few months because they have no sales.” India is the largest market for US fuel-grade petcoke and imported 6Mt from the...

Indian cement producers expect higher-sulphur petcoke import in 2020

20 February 2020, Published under Cement News

India’s cement sector is expected to increase its imports of high-sulphur petcoke in 2020 as it aims to boost production, according to company executives. Indian use of petcoke as an alternative to coal for the cement industry rose marginally in 2019 after a first-time decline in nearly a decade in 2018. Sanjay Kumar, strategic sourcing director at LafargeHolcim Energy Solutions, said he saw "higher imports of petcoke in 2020". Yagyesh Gupta, chief procurement officer at JK Cement, also s...

Indian petcoke imports rise in October

23 December 2019, Published under Cement News

India imported 809,000t of petcoke in October 2019, up more than 364 per cent from the year-ago period, according to Iman Resources. The imports were primarily sent from the US and Saudi Arabia, at 372,000t and 295,000t, respectively. Oman sent 38,000t, while 32,000t came from China. The origin of the remaining 72,000t was not clarified. The spike has been related to the lifting of the petcoke consumption order in October 2018, which saw cement producers increase their fuel-grade petcoke i...