India: RIL hikes pet coke prices for the 17th month in a row

Reliance Industries Ltd. (RIL) has increased petroleum coke prices to INR 20,781/t ex-Jamnagar, Gujarat compared to INR 16,360/t last month – a hike of INR 4,421/t. Prices have been hiked with effect from 1 Nov. Notably, there have been price upticks every month from Jun’20 onwards, resulting in total increase of INR 15,084/t, or almost 265%, in the past 17 months.


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