Tag: demand

India: Cement producers switch over to pet coke as thermal coal prices keep rising

Mar 14, 2022

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by

Rituparna Ghosh

in Non Coking

The ongoing Russia-Ukraine conflict has driven thermal coal prices to an all-time high compelling Indian cement producers to use more pet coke due to competitive prices. Saudi-origin pet coke (9% sulphur) prices are assessed at $270/t CFR India, while Australian NAR 5500 kcal/kg coal prices are heard at $300/t FOB Newcastle. Indian buyers are not…