India: Imported pet coke offers inch up w-o-w amid higher freights; weak buying persists

India’s imported pet coke offers rose $2-3/t w-o-w, driven by higher freights amid continued monsoon disruptions. US-origin cargoes were heard at $113-115/t CFR, while Saudi-origin stood at $112-114/t. However, demand was subdued, as buyers resisted elevated prices. Offers above $116-118/t lacked takers, reflecting cautious sentiment. While fundamentals were stable, the freight-driven increase kept CFR levels firm, limiting transactions in the current off-season.


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