India: Imported pet coke offers rise w-o-w amid firm freights

Imported pet coke offers in India rose slightly by around $1/t w-o-w, with US and Saudi offers now almost at parity. US-origin offers were at $114-115.5/t CFR and Saudi-origin at $112-114/t, buoyed by freights persisting at an elevated level. However, no deals were concluded, as buyers stayed cautious, waiting for price stability. Demand is expected to gradually revive post-monsoon alongside infrastructure sector recovery.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *