Author: Krupa Rawal

Imported pet coke prices into India have corrected downward by 12% m-o-m in July. Price of the Saudi-origin material (9% sulphur) is currently assessed at $208/tonne (t) while the US-origin (6.5% sulphur) is at $219/t, CFR India. Prices have corrected by 11% against their highs in March 2022. Why did prices decline? 1) A key…