Reliance Industries Ltd. (RIL) has decreased petroleum coke prices sharply for Dec’21 to INR 15,680/t exw-Jamnagar from INR 20,781/t – a reduction of INR 5,101/t (25%). Prices have been reduced in line with softening global pet coke prices. Earlier, there have been continuous price upticks every month from Jun’20 onwards, resulting in a total increase of INR 15,084/t, or almost 265%, over the past 17 months.

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