Author: Shivani Patil
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India: Pet coke imports decline 15% y-o-y in FY’26 on high prices, coal substitution
US largest supplier despite declining shipments US Gulf freight surges to $50+/t during peak periods India’s pet coke imports declined 15% y-o-y to 13.7 mnt in FY’26, compared with 16.1 mnt in FY’25, reflecting sustained pressure from elevated global prices, rising freight costs, and increasing substitution by coal. The decline was not uniform through the…