CW Research: India February month-on-month green petcoke imports decrease
According to CW Research, India's imports of uncalcined petcoke slightly exceeded 0.8 million tons in February 2016 with cement companies representing about 61 percent of purchases.
The monthly import volume represents a 9 percent decline over January's imports and up 76 percent compared with the year-ago period. Indian uncalcined petcoke imports totaled 0.92 million tons in January 2016, while the country imported 0.47 million tons of uncalcined petcoke in February 2015.
ÔÇ£Chinese petcoke ban may not affect the market and the prices as strongly as was anticipated initially. Since the international prices will not be highly affected, India will continue its consumption of imported petcoke," said Sushmita Rai, Sr. Associate Analyst, CW Group.
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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.
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