Seaborne petroleum coke (pet coke) import prices have risen to the tune of about US$ 4-5/mt over the last week on CFR India basis.
However, there has been no change of pet coke prices in the domestic market.
CoalMint assessed the latest pet coke freight rate for a Supramax vessel (Cargo Intake 55,000 mt) from Port Houston in Texas to Visakhapatnam Port, Andhra Pradesh at $24.84/mt, down $1.51/mt W-o-W and $13.95/mt M-o-M.
The freight rate for a Supramax vessel to move pet coke from Newport News, Virginia to Vizag was assessed at $26.18/mt, down $1.84/mt W-o-W and $15.82/mt M-o-M.
PRICE ASSESSMENTS
The current prices of pet coke (6.5% Sulphur) from USA are assessed to be varying in the range of USD 96-97/MT CNF India.
Pet coke (9% Sulphur) from Saudi Arabia is at present being offered at around USD 91-92/MT CNF India.
N.B.: It is also understood that certain major customers may have term contracts for import, which varies with the spot cargo rates, resulting in a variation of pet coke prices in the market.
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