Indian petroleum coke imports have fallen by 38% to 0.31 million tonnes (MnT) in Sep’18, as compared to 0.50 MnT in Aug’18, as per the vessel lineup data compiled by CoalMint Research.
Moreover, on a year-to-date basis, India’s pet coke imports have totaled 5.44 MnT in the first nine months of this year during Jan’18-Sep’18, down 41.69% compared with 9.33 MnT of pet coke imports in the corresponding period of the previous year, Jan’17-Sep’17.
Source: Vessel Line-up Data, CoalMint Research | Quantity in MnT
PRICE ASSESSMENTS
The latest offers for pet coke (6.5% sulphur) from USA are assessed at around USD 122/MT CNF India, while offers for pet coke (9% sulphur) from Saudi Arabia are assessed at around USD 114/MT CNF India.
Currently, Indian domestic prices of pet coke are INR 9,650/MT (Reliance Industries Ltd.) and INR 8,370/MT (Mangalore Refinery and Petrochemicals Ltd.).
N.B.:
i. The above prices are effective 1 Oct’18.
ii. These prices are exclusive of GST @18%.
iii. The MRPL price is for pet coke transported by rake/barge.
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