Home › Forums › Coking › News: DCU, Upgrader › 1.Coker (registered users only) › Refinery processing HFO loss may jump highest 2 years › RE: Refinery processing HFO loss may jump highest 2 years
January 22, 2011 at 12:36 pm
#5324
This HFO glut will be good for coker margins but probably not for price fuel coke!
If cokers crank up then the fuel coke is going pile up – since market demand has been low but balanced by low refinery/coker utilizations & shutdowns.
So might want clear off some storage space since refineries havent had a “sell” problem in several years now & all non-refiner marketer/resellers have been merged down to just few (ie less competition & few left).