| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Pet Coke | China | FOB | USD 459.82/MT | June 2026 |
| Pet Coke | India | CIF | USD 547.37/MT | June 2026 |
| Pet Coke | USA | CIF | USD 514.00/MT | June 2026 |
| Pet Coke | Brazil | CIF | USD 631.43/MT | June 2026 |
| Pet Coke | Canada | CIF | USD 514.00/MT | June 2026 |
| Pet Coke | China | FOB | USD 462.48/MT | May 2026 |
| Pet Coke | India | CIF | USD 529.82/MT | May 2026 |
| Pet Coke | USA | CIF | USD 581.67/MT | May 2026 |
| Pet Coke | Brazil | CIF | USD 594.48/MT | May 2026 |
| Pet Coke | Canada | CIF | USD 587.48/MT | May 2026 |
Stay Updated with the Latest Pet Coke Prices, Historical Data, and Tailored Regional Analysis
Renewed fighting between US and Iran has slowed shipping through the Gulf of Hormuz, disrupting supply routes. Benchmark crude prices have climbed sharply from pre-conflict levels, reflecting heightened geopolitical risk. The upward price pressure is likely to continue while tensions persist.
Intensified US-Iran military actions disrupt oil shipments through the Strait of Hormuz, causing a sharp spike in crude oil prices. The price jump leads to severe depreciation of the Indian rupee, raising import costs and inflationary concerns.
Asia
In Q2'26, Pet Coke prices in China declined to ~RMB 3.32/kg in April and ~RMB 3.13/kg in the subsequent month, showing a ~5.8% decrease. The market initially strengthened due to high crude oil prices, refinery maintenance and supply disruptions around the Strait of Hormuz, but prices weakened as crude values declined and imported cargoes increased. Chinese petroleum coke production declined in April due to lower delayed coking operating rates, supporting low-sulphur grades. However, higher imports pressured medium and high-sulphur coke prices, with uncalcined pet coke imports reaching 5.7561 million tonnes between January to April 2026. Low-sulphur coke remained supported by steady aluminium anode demand, while cement-related demand stayed cautious. In India, pet coke prices declined to ~INR 50.89/kg in April and ~INR 50.33/kg in May, showing a ~1.1% decrease. Imported pet coke prices weakened as supply improved. Cement producers returned to the market when pet coke became more competitive against coal.
Europe
European pet coke markets remained under pressure as ample US cargo availability and weaker cement demand limited price recovery. Turkey’s CFR pet coke prices declined during Q2, with buyers selecting lower-cost sulphur grades as the premium between grades narrowed. Cement producers remained highly price-sensitive as coal alternatives competed with pet coke. Lower crude-related costs and improved supply availability reduced upward pressure, while some buying interest returned after prices declined.
North America
Pet Coke prices in the United States increased slightly to ~USD 573.30/MT in April and ~USD 581.67/MT in the following month, showing a ~1.5% increase. The market received early support from crude supply disruptions but weakened later as refinery output increased and seller competition intensified. US Gulf high-sulphur pet coke prices declined as refinery runs improved and additional cargoes became available. Higher refinery utilisation and increased production of medium-sulphur coke increased supply availability. Premium low-sulphur grades remained supported by aluminium anode demand.
Related Report
Need latest Pet Coke price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Asia
Pet coke prices in Asia followed a firm trend in Q1’26, supported by steady downstream demand and tightening trade flows. Strong consumption from cement, power, and aluminum sectors maintained buying interest, while limited cargo availability and higher freight risk supported sentiment. The Iran war and Strait of Hormuz disruption increased shipping uncertainty, indirectly raising costs. Asia remained import-dependent, with steady demand absorbing available supply despite fluctuations in refinery output.
Europe
Pet coke prices in Europe remained stable to firm in Q1’26, supported by energy cost pressure and import dependence. Industrial demand from the cement and power sectors remained steady, while higher logistics and fuel costs increased the delivered cost risk. The Strait of Hormuz disruption affected sentiment as the route carries about one-quarter of global seaborne oil trade, raising energy and freight uncertainty. However, stable industrial demand limited volatility.
North America
Pet coke prices in North America remained stable with slight firming in Q1’26, supported by strong domestic refinery output and export-linked demand. U.S. petroleum coke exports reached 15,300 thousand barrels in January 2026, reflecting steady trade flow and global demand. Trade activity remained strong, with exports valued at $347 million in February 2026, indicating active international demand despite logistical challenges. Domestic supply reduced exposure to global disruptions, though higher freight costs influenced export competitiveness.
PET Coke or better known as Petroleum coke is basically a final carbon-rich solid material that is extracted from oil refining. It belongs to a group of fuels referred to as coke. PET Coke, in particular, is extracted from a final cracking process— in a thermo-based chemical engineering process - that splits long chain hydrocarbons of petroleum into shorter chains.
Batteries, Steel, Aluminium, Fuel, Electric Power Plants
Vasundhra Enterprises, Dwarkesh Fuel Industries, Laxmi Mineral (Hindustan Westcoast Trading Co. Group), N G Minchem Private Ltd, Indian Oil Corporation Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
PET Coke is known to be a final carbon rich solid material that is derived or extracted during the oil refining process. It is a product that is particularly derived by the cracking process.
Our Price Analysis Methodology
Senior Business Insights Analyst
Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
This report provides the cost structure of propane production by the petroleum refining process. In this process, crude oil is separated into oil and wet gas via gas trap.
The report involves the cost analysis of production of recycled PET from PET. After being sorted, the PET material is ground into flakes.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
