India CFR (November 2016)

Prices for high sulfur imported petcoke for the India CFR West coast rose further in November 2016, with mid sulfur petcoke prices increasing as well at a similar pace, according to CW Research's India Petcoke CFR price assessment update for the month of November.

 The average cost of burning high sulfur petcoke is at a discount of 36+ percent in November 2016, on a mmBTU basis, when compared to Richard Bays coal for West Coast. During the previous month, the discount rate was 27+ percent.

Cement companies accounted for around 60 percent of the total petcoke volume imported by Indian firms in October 2016.

The November update of the India Petcoke CFR price assessment also includes refinery news, shipping updates, coal and cement market highlights.

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