In a confirmed deal, 50,000 tonnes of 64% CSR Chinese-origin coke has been booked at $575/t, CFR India (east coast) for June laycan. The last few deals were heard in the range of $580-600/t, CFR India. Cheaper Chinese coke offers due to sluggish downstream demand there is attracting the Indian buyers’ interest. However, post-Indian government’s decision of duty imposition on steel exports, bids have come down.
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