Petcoke offers as well as domestic prices in India have remained unchanged at the week-ago rates.
The prevailing demand for Petcoke in the country is strong on account of steady purchases by all segments of consumers. Traders, spoken to by CoalMint, said that user-industries were purchasing constantly to run their factories, which operated at high rates. The traders also said domestic supplies have become short as some producers released the material to the markets inconsistently.
Offers from the key international markets have remained unchanged on week-on-week basis. The latest offer for Petcoke(6.5% Sulphur) from USA is assessed at around USD 95-97/MT CFR India; while the recent offer for Petcoke(9% Sulphur) is assessed at around 89-90/MT CFR India.
Source: CoalMint Research
Reliance Industries Limited (RIL), the largest producer in the country, has quoted its ex-works price at INR 6,700/MT. And Essar, the second largest producer, has quoted its ex-works prices at INR 6,690/MT.
Source: CoalMint Research
Mangalore Refinery and Petrochemicals Limited (MRPL) has quoted its ex-works price at INR 5,910/MT for customers outside the Karnataka state; and for buyers inside the state, the price is quoted at INR 5,810/MT.
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