The calcined petroleum coke (CPC) trading platform aims to facilitate the trade of CPC products in a transparent manner. It allows buyers and vendors to access real-time market data from anywhere on the planet. Platforms offer a variety of features, including advanced search, detailed product specifications, product comparisons, detailed pricing information, and news updates. These features assist traders in making informed decisions about CPC products when they are buying or trading them.
Argus produces weekly price assessments, and indexes monthly for calcined Petroleum Coke on the Open Market. To ensure an accurate and representative assessment of the market, pricing methodologies are developed in consultation with the industry. The development of our pricing takes into account various factors, such as the market liquidity, the trading period, and specific currencies. Please refer to our guide on Argus' specifications and methods for further details.
CPC plays a vital role in the production of anodes, which are used for electrolytic aluminum. This metal will be in great demand as electric mobility and additive manufacture become more popular. Its recyclability, low energy usage and reusability are other key attributes driving its growth.
APAC accounted the largest share in the global calcined oil coke market by 2019. India, Indonesian, Singapore, China, Thailand and other nations in the APAC region are undergoing rapid economic growth, which is being fueled by a growing population. This construction activity may drive steel consumption and, therefore, the calcined PETCOKE market over the next few years.
Rain Carbon is a leading producer of calcined petroleum coke (CPC) and coal tar pitch (CTP). CPC is used in the manufacture of anodes to make electrolytic aluminum. It is also used in the cement, paper, paint and chemicals industries, including titanium dioxide pigments. Rain Carbon offers CTP and CPC both in fuel and smelter grades.
CPC prices have risen since the start of Q2, reflecting tightening supply in the US Gulf and a reduction in oil refinery run rates as they cut back on operations to limit CO2 emissions during the pandemic. The Platts CPC assessment for the US Gulf increased slightly to $230-245/mt FBO ports, from $220-245/mt last March. It reflects spot tradable CPC anode used by aluminum smelters that has been normalized to a standard quality exported to Japan.
The calcined petro-coke (CPC ) market is fragmented. It has many regional players. Some are located in Asia Pacific while others are concentrated mainly in North America. Asia Pacific is predicted to continue dominating global CPC. The rapid expansion of the economy and population in this region is driving infrastructure spending. This will increase demand for steel and calcined PETCOKE. A wealth of natural resources and the abundance of steel and power industry investment are also driving the demand for calcined petcoke in this region. In the future, this will likely boost the regional petcoke market. The market for calcined petroleum coke is also driven by increasing consumption in the aluminum sector.
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