CW Research: Petcoke CFR prices in India continue their decline in July

India's West Coast CFR average prices for high and mid-sulfur petcoke contracted further in the first weeks of July 2017, according to CW Research's India Petcoke CFR Price Assessment update for mid-month July.

The average cost of burning high sulfur petcoke is at a premium of around 24 percent in mid-July 2017, on an mmBTU basis, when compared to Richard Bays coal for West Coast. In the previous month, the discount rate was 23+ percent.

Almost half of the total petcoke volume imported by Indian firms throughout July 2017 came from Saudi Arabia.

The mid-July update of the India Petcoke CFR Price Assessment also includes market and shipping updates, as well as a pricing forecast for the next three months.

The monthly update is available as an annual subscription in individual or corporate license forms. For questions and orders, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), at ld@cwgrp.com or +1-702-866-9474. For more information or interview inquiries, please contact sales@cwgrp.com.