ENERGY – OPEC consolidates oil while India shakes petcoke, coal high
Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6...
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Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6...
Cement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent.
The Indian Ministry of Environment and Forest (MoEF) is likely to exempt the cement industry from the partial petcoke ban for industrial use, according to a report in The Hindus...
Cement producers in northern states of India can expect rising fuel costs on the back of the Supreme Court's ban on petcoke use in the National Capital Region (NCR) from 1 Novem...
Following an easing of petcoke prices in August, petcoke prices are increasing again in India, adding further cost pressures to cement producers.
India’s Environmental Pollution Control Authority (EPCA) is determined to get a ban on petcoke import, although the ban would not apply to the cement industry, according to Suni...
Cement producers in India continue to prefer better-quality imported petcoke at US$92/t, despite its price being double that of Indian coal, according to the Business Standard.
By Frank O Brannvoll, Cimeurope sarl, Belgium Last month the US$/EUR trading range was set at €1.04-1.08 and has held within €1.05-1.075 at €1.0720. Other than the US Federal Re...
A near 75 per cent jump in the prices of petcoke, plus a similar rise in diesel costs combined with the policy of demonetisation, is likely to squeeze the margins of cement sect...
The rising cost of coal and petcoke have put pressure on cement producers even as the impact of demonetisation is depressing demand and bringing down prices, the Business Standa...