China petcoke production structure reshapes with mid-sulfur overtaking high-sulfur

China's petcoke production structure undergoes a fundamental shift in 2026. High-sulfur petcoke's share fell from 45% in 2025 to around 39% by August 2026, while mid-sulfur petcoke's share rose from 22% in 2025 to over 40% in 2026. Meanwhile, imports are following the same trend, with high-sulfur arrivals falling and mid-sulfur volumes rising.

2026 marks a fundamental shift in China's petcoke production structure, with mid-sulfur petcoke overtaking high-sulfur petcoke as the largest grade. By end-August, total petcoke output reached 18.32 million tonnes, down only 3.90% year-on-year, yet the product mix has changed significantly: high-sulfur petcoke's share fell from 45% in 2025 to