Domestic refiner Reliance Industries Ltd (RIL) has reduced its pet coke price by INR 2,329/t m-o-m for July to INR 20,144/t. The price cut is attributable to a drop in thermal coal prices. Indian Oil has also cut down its prices by INR 2,100/t. The cement sector faces lean season with the onset of the monsoons which has impacted pet coke demand and its prices.
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