Author: Damini Sahu
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India: Met coke prices rise to multi-year highs on surging coking coal prices
Met coke market bullish on tight Indonesian supply, rising input costs Price gains likely due to firm Chinese buying and improving steel demand India’s imported metallurgical coke market strengthened sharply, with Indonesian BF-grade met coke (65/63 CSR) rising $22/t w-o-w to around $357/t CFR India. The rally was driven by higher Indonesian FOB offers, elevated…