India’s domestic petroleum coke sales rose by 15% m-o-m to 0.83 mnt in September 2022. The rise in sales can be attributed to increased demand from the cement sector with monsoon coming to an end and cement demand picking up from the construction sector. On a cumulative basis, sales in April-September this year rose by 14% against the same period last year.
Qty in mnt
Notably, the domestic sales data includes all types of petroleum coke, including fuel grade, anode grade (LS) and calcined petroleum coke (CPC). However, the volumes do not include imports or exports.
Company wise sales
Qty in mnt
On a monthly basis, the highest growth was recorded by MRPL followed by CPCL. The maximum negative growth was recorded by NRL, followed by RIL. The main reason was that RIL used pet coke for its own consumption in its gasification unit and released less pet coke in the market.
State-wise sales
Qty in mnt
Rajasthan continues to be the leader amongst the states in terms of sales in September. This is because of the concentration of various cement plants in the state, which source primarily from domestic producers apart from importing. The other states in the top 5, were Gujarat, Madhya Pradesh, Karnataka and Tamil Nadu.
On a monthly basis, amongst the top 10 states, maximum growth was recorded by Karnataka during September due to the increase in sales from MRPL, which was under shutdown during this time last year.
This was followed by Andhra Pradesh, whereas Chhattisgarh recorded maximum negative growth followed by Punjab.
In the first six months of FY’23, the highest growth was recorded by Andhra Pradesh followed by Madhya Pradesh. The maximum negative growth was seen in Rajasthan for the above period compared to the same period last year.
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