- Consumption rises over 30% y-o-y on industrial demand
- Production meets 69% of Sep consumption
India’s domestic production of petroleum coke in September 2025 stood at 1.10 million tonnes (mnt), down 2.5% from 1.13 mnt in September 2024, and 6.7% lower than 1.18 mnt recorded in August. The decline was mainly attributed to partial shutdowns at Kochi and Bina refineries during the month. On a cumulative basis, April-September 2025 production totalled 7.06 mnt, reflecting a year-on-year (y-o-y) contraction of 4.2% compared with 7.36 mnt a year earlier.
Domestic production met 69.2% of September’s total pet coke consumption requirement, with imports bridging the remaining gap. The decline underscores refiners’ continued focus on high-value transport fuels over lower-margin products like pet coke.
Consumption rises sharply in Sep
India’s pet coke consumption in September 2025 was reported at 1.59 mnt, a strong 30.9% y-o-y rise from 1.21 mnt in September 2024, April-September 2025 consumption stood at 9.84 mnt, down 5.03% from 10.37 mnt recorded during the same period last year.
In September, pet coke accounted for 8.5% of total petroleum product consumption of 18.69 mnt. For the April-September period, the share stood at 8.32%, reflecting moderate consumption levels amid a sluggish monsoon season. The cement sector continued to dominate pet coke use, supported by smaller demand from lime kilns, gasification units, and aluminium industries.
Outlook
Pet coke demand is expected to pick up from October as post-monsoon construction activity resumes and cement production ramps up. Refinery production will continue to depend on the operational efficiency of coker units and refiners’ decisions on product-mix optimisation. Imports will remain essential to meet demand gaps, particularly for cement producers. Going forward, refinery utilisation levels, global crude trends, and DGFT’s import regulations are likely to influence both availability and pricing dynamics in the next quarter of 2025.
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