Turkmenbashy refinery has increased green petroleum coke – price by $20/ton reaching another price record for at least 5 years. 20 000 tons of green petcoke were sold 12-13 April 2018.
Demand for low-sulphur petroleum coke remains strong in Russia, Central Asia and Wester China despite some signs of price decrease in other markets.
Turkmenbashy refinery also sold 5000 tons of calcined petcoke on 13 April 2018, price for the product remained stable compared to February sales level.
In February 2018 Turkmenbashy refinery sold 30 000 tons of green petcoke and 10 000 tons of calcined petcoke at prices 2 and 3 times higher compared to previous sales level reached in 2017. Such price spike was mostly driven by West China’s demand where aluminum producers faced shortages of low sulphur petroleum coke amid ecological regulation pressure and increase in local aluminum demand.
By mid of April 2018 Turkmenbashy refinery sold almost third of their annual production capacity.
Turkmenbashy refinery is one of 2 refineries in former USSR country that produces ultra-low sulphur petcoke with Sulphur content up to 0.6% and extra low metals content.
DYM Resources is a trading firm, supplying petroleum coke from ex-USSR and European countries.Read More →
Turkmenbashy refinery (Turkmenistan) has shut down its 200 000 t/yr petcoke unit for two weeks maintenance, state-owned company announced to its customers last week.
Refinery has stopped export loading as it has dispatched all stock amid high demand.
Coking unit should be restarted during first week of October.
Turkmenbashy maintenance followed shut down at Baku petcoke unit, which is another ultralow sulphur petcoke producer in the region.
“Low-sulphur petcoke market was balanced in Russia during first half of 2017 which led to higher export volumes, but simultaneous maintenance work at Baku and Turkmenbashy coking units has significantly impacted supply balance. We expect higher demand in October-November due delayed supplies” – Yury Burenco, DYM Resources petroleum coke director says.
Refinery has started low-sulphur green petcoke export to China this year as well as to Black Sea, while last year they had no such loadings. Turkmenbashy also supplies its petcoke to Russia and Tadjikistan.
DYM Resources is a professional petroleum coke trading company with wide expertise in low and high sulphur green petroleum coke as well as calcined petroleum coke. DYM Resources is independent petroleum coke supplier active in Russia, Turkmenistan, China, Turkey and Europe. The company is registered in Germany and provides full service to its clients: logistics, finance and quality control.Read More →
Low-sulphur petcoke supplies will sink this summer in the former Soviet Union region, as major refineries—Turkmenbashi and Baku—will undergo maintenance during July and August.
This may lead to a low-sulphur petcoke supply deficit in the third and fourth quarters of 2016, according to DYM Resources.
Turkmenbashi refinery informed clients on July 14 that it has planned maintenance for 15 days starting July 15, and its coking unit will be fully shut. The refinery has loaded previously accumulated stocks of green and calcined petcoke from July 15 to 22. The calcining unit continued production on previously produced feedstock.
“It is minor maintenance, a regular stop that is needed to check if everything is okay with the coker,” a source said. “It should restart in early August.”
But some market participants expect that volumes loaded from the refinery will be lower in late July and early August this year.
Turkmenbashi refinery has a coker with an annual capacity of 200,000 tons of below 0.6 percent sulphur green petcoke. The refinery has a calcining unit as well. Calcined petroleum coke was exported into Tajikistan in the first half of 2016.
Turkmenbashi refinery exported 52,500 tons of green coke to Russia by rail in the first half of 2016. The refinery loaded 15,000 to 30,000 tons to Tajikistan during the same period.
Baku refinery will undergo maintenance during the same period, in August 2016, which should significantly impact low-sulphur petcoke supplies and exports.
“We already see loading volumes decreased from Baku refinery in July. Possibly that refinery is accumulating stocks for the maintenance period,” a market participant commented.
Baku refinery is able to produce 300,000 tons of below 0.6 percent sulphur petroleum coke per year.
Baku exported 98,800 tons of petroleum coke to Russia between January and June 2016.
In 2016, Baku refinery exported at least 261,000 tons of petroleum coke and around two thirds, or 177,000 tons, ended up in Russia. Petroleum coke was also exported to Ukraine, Canada, and India.
Romania’s Petrom 1 percent sulphur petroleum coke could be an alternative in August and September for the ex-USSR market.
“DYM Resources is able to supply 1 percent low-sulphur petroleum coke from Romania by dry-bulk vessel or rail tank cars in August and September 2016 within the Black Sea,” Yury Burenko, head of petroleum coke operations at DYM Resources, said.
Romania loads petroleum coke from the Constanta port. In 2016, Petrom’s petcoke was exported to China and within the Black Sea region.Read More →