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China delayed coking operating rate hits six-year low

Source: Mysteel Jun 22, 2026 10:51
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Petcoke Capacity Supply
Middle East-driven high crude prices, refinery losses and heavy maintenance pushed China's June DCU run rate to a six-year low, creating a petcoke supply deficit.
Rising crude oil costs from Middle East tensions, persistent losses and widespread maintenance pushed China's delayed coking unit (DCU) operating rate to a six-year low in June. Domestic petcoke output and imports both declined, port inventories fell continuously, creating a supply deficit. Near-term maintenance at independent refineries will tighten

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