CW Research: Petcoke CFR prices in India decrease in June

India's West Coast CFR average prices for high and mid-sulfur petcoke contracted in the first weeks of June 2017

According to CW Research's India Petcoke CFR Price Assessment update for mid-month June, the average cost of burning high sulfur petcoke is at a premium of over 23 percent in mid-June 2017, on a mmBTU basis, when compared to Richard Bays coal for West Coast. In the previous month, the discount rate was 14+ percent.

Over 35 percent of the total petcoke volume imported by Indian firms throughout May 2017 came from Saudi Arabia.

The mid-June 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.

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