PACE STUDYING WORLDWIDE COKE PRODUCTION

Pace Consultants Inc., Houston, has started a multiclient study of worldwide petroleum coke production, examining environmental initiatives and eventually forecasting prices of fuel grade coke. U.S. coke exports increased to more than 14 million metric tons in 1992, Pace said. Most of those exports contain high sulfur or metals levels and are sold as fuel grade coke, mainly in Europe and Japan. Delivered prices of high sulfur coke plummeted to 40% of coal prices in 1992, down from 61% in 1991

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