Tag: Cemex energy hedging
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Global petcoke market under pressure as Indian cement producers switch to cheaper thermal coal
India’s petcoke imports fall 44% in Q1 2026 CFR India 6.5% petcoke at $156/t, down $4/t in April The global petroleum coke market is showing clear signs of strain, with Indian cement makers – the world’s largest buyers of seaborne petcoke – increasingly turning to cheaper thermal coal. Prices across major grades have softened, and…