Imported met coke prices throughout CY’23 remained more attractive than domestic prices due to higher imported coking coal prices. BigMint assessed average landed prices of imported Chinese coke at INR 34,125/t ex-Gujarat, western India, while domestic prices were recorded at INR 37,800/t ex-Gujarat. So, the influx of imports was largely due to the fact that imported prices were lower than even the cost of production of domestic coke producers.
