India: Imported pet coke prices ease w-o-w; US sanctions may limit further declines

Imported pet coke prices in India declined by $1-2/t w-o-w. West coast offers fell to $117-118/t CFR, while east coast prices dropped to $119-120/t CFR. Saudi coke remained firm due to increased Chinese buying amid tariffs on US pet coke. However, the downtrend may halt in the days ahead, and prices may remain firm, with US sanctions on China-linked vessels restricting global shipping capacity.


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