US Petcoke Prices Rise 1.4% in Feb, as Refinery Outages and Logistics Snarls Tighten Supply

US Petcoke Prices Rise 1.4% in Feb, as Refinery Outages and Logistics Snarls Tighten Supply

Marcel Proust 25-Feb-2026

Petroleum coke markets in the US firmed into mid-February 2026 as refinery attrition, logistics disruptions and industrial offtake tightened prompt availability. Delayed-coker projects and refinery shutdowns removed tonnage from the spot pool, while cement and aluminium demand provided baseline support. Winter river icing and inland lock outages amplified tightness for prompt cargoes, prompting a re-evaluation of cover strategies among utilities and buyers. Sector dynamics show a split between robust industrial demand and softer utility-side interest. Cement makers and aluminium smelters supported fuel-grade and anode-grade markets. Utilities remained cautious as natural gas stayed competitive, dampening incremental spot demand. Supply-side disruptions and feedstock dynamics intensified market response, with outages removing incremental supply: Houston wind-down, delayed-coker at Garyville, and idling at Paulsboro, plus lock restrictions supporting higher prompt valuations. Weekly assessments showed firmer prompt levels and a climb into mid-February, contrasting with softer delivered readings. Outlook suggests upside risk through February, underpinned by capacity attrition and logistics headwinds; seasonal factors may amplify tightness.

Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility. Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.

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