Author: Damini Sahu
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India: Falling petcoke prices threaten US coal demand despite inventory drawdown
Large cargo pipeline, monsoon demand risks weigh on market sentiment Petcoke economics, inventory drawdown to shape coal demand dynamics India’s US Northern Appalachian (NAPP) coal market is entering a more challenging phase as falling petcoke prices begin to erode one of the key supports for imported thermal coal demand from the cement sector. Although inventories…