The Petcoke market has remained almost as it is, without any major development during the last seven days. The prices—both domestic and international—have been stable, and buying propensity was strong among the cement makers.
The latest offer for Petcoke (6.5% Sulphur) from USA is assessed at around USD 96/MT CFR India, almost unchanged from the week-ago rate. At the same time, the recent offer for Petcoke (9% Sulphur) from Saudi Arabia is assessed at around USD 92/MT CFR India, un-deviated from the rate in the week last.
Source: CoalMint Research
In the meantime, Indian refineries also have kept their ex-works prices unchanged. Reliance Industries Limited, the largest producer in the country, has kept its ex-works price at INR 7,700/MT; while Essar, the country’s second largest producer, has maintained it ex-works price at INR 7,685/MT.
Source: CoalMint Research
Mangalore Refinery and Petrochemicals Limited also has retained its ex-works price at INR 6,950/MT.
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