CW Research: Petcoke CFR prices in India hike in September

India's West Coast CFR prices for high sulfur petcoke rallied further in September, with mid-sulfur petcoke prices expanding as well at a similar pace, according to CW Research's India Petcoke CFR Price Assessment update for September.

The average cost of burning high sulfur petcoke is at a premium of 18 percent in September, on an mmBTU basis, when compared to Richards Bay coal for the West Coast. In the previous month, the premium rate was at 27+ percent.

There were no reported congestions at the ports around India, and the top importer from the cement industry in the previous month was Shree Cement.

The extended September update of the India Petcoke CFR Price Assessment also includes refinery and cement production in India and the United States, market and refinery updates, the outlook for the next three months, and more.

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.