ITALY DATA: Petcoke imports rise sevenfold on month in August

After dropping in the previous two months, Italian petcoke imports rose more than 625% on the month and 348% on the year in August, according to data from Italy's Ministry of Environment and Energy Security released Oct. 21, due to rising demand from the country's end-users.

Italy's petcoke imports totaled 145,018 mt in August, up 625% from July to a three-month high, according to the data.

Monthly imports were last higher in February, when Italy imported 160,029 mt of petcoke entirely from the US, ministry data showed.

In August, Italy imported petcoke solely from the US, with no shipments from other key suppliers like Spain, the UAE and Brazil.

The US supplied 145,018 mt in August, up 626% month on month and 352% year on year. Since June, the US has been the sole supplier of Italian petcoke imports.

Combined imports from January to August totaled 624,375 mt, slightly down from 602,598 mt during the same period in 2023.

Platts, part of S&P Global Commodity Insights, assessed CIF Turkey 5.5% sulfur petcoke prices at an average of $91.10/mt in August. Platts last assessed the CIF Turkey 5.5% sulfur petcoke price at $80/mt onOct. 16.