- Consumption edges up m-o-m in Nov’25 but declines by 13.5% y-o-y
- Post-monsoon cement demand recovery fails to support consumption
India’s domestic pet coke production in November 2025 stood at 1.27 mnt, marginally higher than 1.25 mnt recorded in November 2024, reflecting a y-o-y growth of 1.0%. However, production declined by 3.2% m-o-m from 1.31 mnt in October 2025. On a cumulative basis, pet coke output during April-November 2025 was reported at 9.63 mnt, 2% lower than 9.83 mnt in the corresponding period last year.
Consumption falls y-o-y despite cement demand recovery
Pet coke consumption in November 2025 was reported at 1.78 mnt, marginally higher than 1.75 mnt consumed in October 2025, but 13.5% lower than 2.06 mnt recorded in November 2024. Cumulative consumption during April-November 2025 stood at 13.98 mnt, compared with 14.46 mnt in the same period last year, marking a contraction of 3.31%.
Cement remained the largest consumer of pet coke, with demand gradually improving after the monsoon season from November onwards, in line with rising infrastructure and construction activity. However, the pace of recovery remained moderate, limiting overall pet coke consumption growth.
Imports bridge supply-demand gap
Domestic production continued to trail consumption. In November 2025, domestic output met around 71.3% of total pet coke consumption, with the balance met through imports. On a cumulative April-November basis, domestic production covered approximately 68.9% of consumption, highlighting India’s continued reliance on imports to bridge the supply gap.
Leave a Reply