**Petroleum coke prices** showed substantial regional variation during Q2 2026, with South Korea recording the highest price at USD 638/MT, followed by Brazil at USD 475/MT, the USA at USD 405/MT, China at USD 367/MT, and India at USD 187/MT. The wide regional spread reflected differences in refinery output, domestic availability, import dependence, freight costs, quality specifications, and demand from cement, aluminum, power, and other energy-intensive industries.
The market remained influenced by refinery operating conditions, crude-oil processing economics, fuel-grade demand, and calcined petroleum coke requirements from aluminum producers. Procurement behavior varied by region, with import-dependent markets placing greater emphasis on freight and inventory security, while India benefited from comparatively competitive local supply conditions. The Petroleum Coke Price Index reflected a differentiated market in which regional supply-chain structures played a significant role in determining final prices.
Regional Petroleum Coke Prices Outlook – Q2 2026: Where Are Prices Highest?
South Korea recorded the highest petroleum coke price at USD 638/MT, while India recorded the lowest at USD 187/MT. The USD 451/MT spread highlights substantial differences in regional sourcing conditions, refinery availability, logistics, import exposure, and downstream consumption.
Brazil and the USA occupied the middle-to-upper portion of the reported range, while China remained moderately priced. South Korea's elevated price reflected its dependence on international supply flows and the cost of securing suitable material for industrial applications. India's lower price was supported by domestic refinery availability and established consumption channels.
Regional Price Analysis of Petroleum Coke Prices – Q2 2026
USA
The USA recorded petroleum coke prices of USD 405/MT during Q2 2026. Domestic refinery activity provided an important supply base, while demand from cement producers, power generation, aluminum, and industrial users supported consumption.
Procurement managers continued to balance domestic availability with quality and specification requirements. Buyers remained attentive to refinery operating rates and downstream demand when determining inventory levels and contract requirements.
China
China reported petroleum coke prices of USD 367/MT. Demand from cement, aluminum, power generation, and other industrial applications remained important, while domestic refinery output and import flows influenced overall supply availability.
Industrial buyers maintained regular procurement schedules while monitoring changes in refinery production and international material costs. Price-sensitive users continued to evaluate the relative economics of domestic and imported petroleum coke.
Brazil