A new episode of Mysteel Commodity Flux podcast explores how China's petcoke market is being reshaped by industrial upgrading, downstream differentiation and tighter quality requirements. In this episode, Liao Na, Chief Consultant of Energy Policies, discusses why the market is no longer a straightforward fuel story, but increasingly a strategic material story linked to petcoke, needle coke, battery anodes and synthetic graphite.
The episode highlights four areas worth watching: the structural capacity mismatch behind the long-term supply deficit, Q2 refinery maintenance windows, technical alignment such as trace elements and true density, and the widening price spread between high- and low-sulfur grades. It also explains why policy remains the key framework for decoding the market, as tariffs, carbon caps and energy-efficiency mandates increasingly influence both upstream costs and downstream demand.
Listen to the full episode on Spotify now:
https://open.spotify.com/episode/5nlsXcnt0uRgptLMJuNrXO?si=WYehwVbTQnWEuKhTBGNKUA
