Tag: Imported pet coke price in India
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India: Imported pet coke offers steady w-o-w; impact of GST, cess changes to play out
Imported pet coke offers in India remained stable this week, with US-origin assessed at $114-116/t CFR and Saudi-origin at $112-114/t. Market participants have now adopted a wait-and-watch approach to assess the impact of GST slab change from 5% to 18% and the removal of INR 400/t cess. These shifts are expected to influence buying behaviour…