CW Research: Petcoke CFR prices in India remain unchanged in February

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

The average cost of burning high sulfur petcoke is at a discount of 30+ percent in mid-December 2016, on a mmBTU basis, when compared to Richard Bays coal for West Coast. In the previous month, the discount rate was 31+ percent.

Over 50 percent of the total petcoke volume imported by Indian firms throughout January 2017 came from the United States.

The mid-January update of the India Petcoke CFR Price Assessment also includes market and shipping updates.

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