Indian Oil Corporation Ltd. (IOC), the country’s second-largest petroleum (pet) coke producer, has sharply increased prices of fuel grade RPC (Raw Petroleum Coke), for various refineries w.e.f. 23 Jul’21. Notably, this is yet another all-time high price uptick for RPC at all the refineries, which is mainly because material availability has remained persistently tight in the international market.
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