India: Imported pet coke prices fall in line with declining thermal coal prices

Imported pet coke prices from Saudi Arabia and the USA have seen a correction of $12-15/t w-o-w, with US-origin (6.5% sulphur) pet coke priced at $255/t and Saudi-origin (9% sulphur) material assessed at $232/t on CNF India basis. Prices fell amid declining global thermal coal prices and bearish sentiments triggered by the resurgence of Covid-19 in China.


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