Analysis

India's West Coast CFR prices for high sulfur petcoke had a marginal decrease in the first weeks of January 2017, with mid-sulfur petcoke prices contracting as well at a similar pace, according to CW Research's India Petcoke CFR Price Assessment update for mid-month December.

The average cost of burning high sulfur petcoke is at a discount of 31+ percent in mid-December 2016, on a mmBTU basis, when compared to Richard Bays coal for West Coast. In the previous month, the discount rate was 27+ percent.

Over 60 percent of the total petcoke volume imported by Indian firms throughout December 2016 came from the United States.

The mid-January update of the India Petcoke CFR Price Assessment also includes refinery news and shipping updates. 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 [email protected].