Analysis

May prices of high-sulfur and mid-sulfur imported petcoke increased by more than 15 percent MoM for both CFR East and West coasts of India, according to CW Research's May update of India Petcoke CFR price assessment.

The monthly update sees the average cost of burning high sulfur petcoke on per unit of calorific value basis at a discount of 21 percent as compared to $1.26 per ton of Richards Bay coal for West Coast. In comparison, the average cost of burning high sulfur petcoke was at a discount of 32 percent in April and 39 percent in March.

Petcoke imports by cement companies accounted for 56.0 percent of the total petcoke volume imported by India in the month of April, down 18 percent as compared with March. However, on a year-on-year basis, petcoke imports increased 14 percent in April 2016. The freight rates for bulk shipments reflect an upward trend (23 percent increase MoM) .

The May update of 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 [email protected] or +40-744-67-44-11.

For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), by phone at +40-748-91-84-50, or e-mail at [email protected].

About the report

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 [email protected].