India: Pet coke prices stable as monsoon clouds demand

Imported pet coke prices in India remained unchanged w-o-w, with US-origin offers at $107-109/t CFR and Saudi-origin at $108-110/t CFR for both eastern and western ports. Demand outlook stays weak as the monsoon slows infrastructure activity, which is expected to reduce cement production and, in turn, the requirement for pet coke by the cement industry.


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