Imported US-origin pet coke (6.5% sulphur) prices have eased marginally by $4/t w-o-w to $250/t CFR India, while Saudi-origin prices (8.5% sulphur) are at $241/t, down $3/t this week. Market participants expect that the downtrend is unlikely to continue following the recent surge in South African coal prices. Cement manufacturers tend to switch between coal and pet coke for cement making.
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