State-run Bharat Petroleum Corporation Limited (NSE: BPCL) has increased petroleum coke prices at its two pet coke producing refineries with effect from 1 May’21.
At BPCL’s Bina refinery in Madhya Pradesh, pet coke price for road supplies is revised to INR 12,995/t — an increase of INR 821/t compared with last month’s price of INR 12,174/t.
The price for rail supplies is also increased by INR 821/t to INR 13,045/t as against last month’s price of INR 12,224/t.
At BPCL’s Kochi refinery in Kerala, pet coke price for rail supplies is increased to INR 11,087/t — an increase of INR 848/t from last month’s price of INR 10,239/t.
There are no road supplies of pet coke from BPCL’s Kochi refinery.
Production & Dispatch Statistics of BPCL:
Average production of pet coke at BPCL’s Bina refinery is 40 kilotonnes (kt) per month, out of which about 15 kt is consumed in their captive power plant (CPP). Thus, approximately 25 kt of pet coke is sold in the domestic market, mostly to cement manufacturing companies in Madhya Pradesh and Rajasthan.
Pet coke is dispatched either by rail or by road transport from Bina refinery. Rail supplies of pet coke cost INR 50/t more than road supplies.
Pet coke production at BPCL’s Kochi refinery averages around 80-85 kt per month, which is mostly supplied to cement manufacturers. It is further understood that apart from the general prices as mentioned above, the company offers customer-specific prices to the major cement companies.
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