IOCL has revised down its prices by INR 2,930/t within a week for key refineries. Haldia refinery prices have been reduced to INR 18,110/t for road supply and INR 17,910/t for rake supply while Panipat refinery prices were lowered to INR 19,350/t. Paradip refinery prices were reduced by INR 3,970/t for road and rake supplies while Koyali refinery prices were kept unchanged. The price correction is in line with declining pet coke prices internationally.
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