Author: Aditya Sinha
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India: Pet coke import prices spiral, cement cos prefer thermal coal
Petroleum (pet) coke import prices have continued to remain at elevated levels over the past week, while Indian demand has mellowed considerably due to exorbitant freight rates and competitively priced thermal coals. The Indian market has been lately observing a considerable decrease in enquiries for seaborne pet coke, alongside lesser number of spot transactions other…