Author: Shivani Patil
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India: Buyers shift to coal, resist higher prices as Petcoke supply tightens
High petcoke prices push Indian buyers toward cheaper coal alternatives Over 2.5 mnt US coal en route signals strong fuel switching The Indian petroleum coke market is facing a double shock of tightening supply and weakening demand, as cement manufacturers and industrial buyers shift toward thermal coal. Vessel manifest data highlights the scale of this…