Author: Aditya Sinha
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India: Pet coke import demand seen waning amidst rising prices
Petroleum coke (pet coke) import prices have shown slight upward movements over the past fortnight, but are expected to cool off as Indian buying remains lacklustre due to high freight rates and the worsening Covid-19 scenario. The current average price of US-origin pet coke (6.5% sulphur) is assessed at around US$ 129-130 per tonne (t)…