India: Nayara extends petcoke price drop by INR 1,680/t ($17.7)

Nayara Energy reduced its domestic petcoke price by INR 1,680/t (8.7%) to INR 17,650/t ($17.7), effective 1 July 2026, following a cut of INR 1,670/t in June. The decline reflected easing international market conditions after improving US-Iran relations, which reduced freight and supply concerns. Despite two consecutive monthly price cuts, Nayara’s petcoke price remained 31.4% higher y-o-y and INR 1,610/t above the April 2026 level.


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