India Petcoke CFR (September 2016)
High sulfur petcoke prices increased about 3 percent MoM for the Indian CFR West Coast, while mid sulfur petcoke saw pricing increase by more than 1 percent on both the East and West coasts. Domestic petcoke prices surged 3 percent MoM, reports CW Research in its September update of India Petcoke CFR price assessment.
Petcoke imports by cement companies have decreased MoM by 10 percent in July. The BDI surged 7 percent in September compared to the previous month, with no congestion reported at the Indian ports.
The average cost of high sulfur petcoke is still at a discount of 15 percent when compared to coal, at its average cost per calorific value.
The September update report also includes refinery news, shipping updates, coal and cement market highlights.
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.