Lauren Masterson

India’s petroleum coke imports reached a 2022 high in July of 866,500t, the largest volume since December and more than double the 362,300t received in the same month a year earlier.

US Gulf petroleum coke prices were heard to be rising in part because of a Texas Gulf port disruption that occurred last week, while a major accident at the US east coast terminal of Baltimore today was likely to disrupt coal shipments to India and possibly boost coke demand.

A possible renewed and expanded global trade war in president-elect Donald Trump's second term could lead to retaliatory tariffs from the US' major petroleum coke export destinations, pressuring US Gulf coast coke prices and adjusting trade flows.