Category: Pet Coke

Wide bid-offer gap stalls Indian pet coke trades Buyers shift to cheaper thermal coal amid high inventories India’s petroleum coke (pet coke) market has reached a standstill in December 2025, with a persistent $4-8/t bid-offer gap preventing any meaningful trading activity. Sellers held firm at $118-121/t cost-and-freight (CFR) Kandla for US-origin 6.5% sulfur material, while…