Turkmenbashy petcoke price rise by $20/t

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.