Analysis CW Research: Weekly Petcoke Market Update 14 December, 2020 LATEST Pricing Aluminum prices slide amid surge in LME inventories Market dynamics and economic factors impact aluminum June 14, 2024 End-user Markets UAE EGA's green loan funds Leichtmetall acquisition EGA secures landmark green financing for European June 13, 2024 MOST READ End-user Markets Hydro revolutionizes aluminum casting Major investment propels automotive industry June 10, 2024 Pricing Petcoke prices increase Shandong port sees rise in spot trading prices June 06, 2024 Analysis CW Research: Weekly Petcoke Market Update Latest news from the petcoke industry ..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register. After subdued demand and realisation in the past few quarters in the Indian cement industry, optimism started setting in after the Budget. Lower petcoke and coal prices are also expected to boost profits of the cement industry. The March quarter is expected to report reduced operating costs per ton, by three percent as compared to same quarter last year. The government expenditure in the infrastructure sector, which represents 40 percent of cement consumption in the country, looks promising. On the US Gulf Coast, refinery utilization fell 1.9 percent to 93.2 percent after a coker at LyondellBasell's 268,000 bpd Houston refinery caught fire. The refinery was forced to cut runs by roughly 30 percent, amounting to 2 percent of regional coking capacity. Earlier last week, Citgo shut a 44,900 bpd delayed coker at the West Plant of its 157,500 bpd Corpus Christi, Texas, refinery. India's consumption of petroleum products hit a record 183.50 million tons in 2015-16, growing by 10.9 percent over 2014-15. Annual consumption growth was higher at 14.7 percent in the January-March quarter and 16.4 percent in March alone. Significant rise in consumption of products used for construction or industrial purposes was observed: Bitumen (16.9 percent), petcoke (42.9 percent) and furnace oil (39.4 percent). Detroit Corporation Counsel Melvin Butch Hollowell said the city is seeking to amend its ordinance to establish a specific set of rules for petcoke. The ordinance amendment would govern how the materials can be stored and transported, including loading and unloading of petcoke to prohibit excessive dust. Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline