CW Research: India December imported petcoke prices fall 2%+

December prices of high-sulfur imported petcoke decreased by more than 2 percent MoM for both CFR East and West coasts of India, according to CW Research's December update ofIndia Petcoke CFR price assessment.

The cost of production of a large number of cement companies has reduced due to increased usage of low cost petcoke and alternative fuels.

Notably, prices of fuel grade petcoke delivered to India on CFR basis have stabilized in December as compared to the fluctuations experienced in the September- November period. CW Research expects to see petcoke prices increasing in Q1/2016.