Category: Pet Coke
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India’s petcoke market stays weak despite firmer import offers as cement buyers resist high replacement costs
Higher import offers failed to revive buying Domestic fuels continued replacing imported petcoke Imported petcoke offers have moved back towards US$140-145/t CFR India, but cement producers remain reluctant to buy, relying on domestic coal, existing inventories and selective use of US high-CV coal. Domestic refinery price cuts have further weakened immediate import demand. India’s petcoke…