India Petcoke CFR (August)
According to CW Research's India Petcoke CFR price assessment update for August 2016, CFR pricing for mid-sulfur petcoke on the West Coast rose by more than $9 per ton month-on-month in August, while high-sulfur pricing posted an even higher MoM increase. On the East Coast, import pricing for petcoke saw a similar trend, registering double-digit MoM changes.
Imports by cement companies in July accounted for more than 70 percent of the total volume, down from around 79 percent in the previous month.
The average cost of burning high sulfur petcoke is at a discount of around 34 percent when compared to coal at average cost per calorific value.
Going forward, petcoke pricing is expected to see similar levels as U.S. prices remain firm on account of strong demand from India.
The August update of the India Petcoke CFR price assessment also includes refinery news, shipping updates, coal and cement market highlights.
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 +40-744-67-44-11.
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India Petcoke CFR is CW Research's bi-monthly price assessment and monthly price index for India uncalcined petcoke. The updates cover two key price markers: India East Coast and India West Coast, providing prompt, end-user centric CFR prices for high and medium sulfur grades. Drawing on its deep expertise in the petcoke sector and other industrial segments, CW Research takes an end-user centric approach to understand pricing and underlying drivers.
The report is part of India Petcoke CFR Price Assessments that complement other CW Research's other price assessment product series providing regional insights for end-user centric pricing information for gray cement and clinker, and oil well cement.
For those interested in CW Research's ÔÇ£Price Assessment: India Petcoke CFRÔÇØ, please contact the sales team at sales@cwgrp.com.