India Fuel-grade Petcoke CFR (October update)

India October year-on-year green petcoke imports double.

According to CW Research analysis, India's imports of uncalcined petcoke totaled just short of 0.7 million tons in October 2015 with cement companies representing close to 60 percent of purchases.

ÔÇ£In spite of a sluggish trend in the market, Indian buyers entered into numerous deals due to the low international prices for the product, resulting in increased volumes during the month. Moreover, it is expected that the country will be importing a lot more in the coming months", said Sushmita Rai, Sr. Associate Analyst, CW Group.

The monthly import volume represents a 17 percent increase over September's imports and up 190 percent compared with the year-ago period. Indian uncalcined petcoke imports totaled 0.59 million tons in September 2015, while the country imported 0.29 million tons of uncalcined petcoke in October 2014.

Read more about the highlights from the October update here.

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