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).
