Reliance Industries Ltd. (RIL) has decreased its pet coke prices by INR 3,017/t to INR 15,699/t for Sep’22. Prices have fallen by 16% m-o-m after the downward revision. Prices were slashed in line with decreasing international pet coke prices since peaking in Mar. Pet coke prices in the US and Saudi Arabia have dropped nearly 36% since Jun.
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