73% rise in Petcoke import in India in December 2021
OIL & GAS

73% rise in Petcoke import in India in December 2021

The import of Petcoke in India increased by 73% in December 2021. The import of petcoke (petroleum coke), which is a byproduct of the oil refining process, was 9.87 lakh tonne in December 2021. The figure is 73% more in comparison with the import in December 2020. As per reports, the price of petcoke is becoming competitive with that of coal.

According to the Lavi Coal Info report, there is a 70% increase in the import of petcoke on a monthly basis in December.

As a result of the high prices and rigidity in supply, the import of the fuel-grade petcoke was slow. However, in recent times, fuel-grade petcoke is once again rising in competition with coal. The coal users are switching to fuel-grade petcoke.

In early 2021, in terms of solid fuels, the cheapest source of energy was the US high calorific value coal. However, later during the energy crisis in the global fuel market, the prices of these commodities increased.

The process of these commodities has now been reduced. However, the decrease in the pricing of petcoke was more in comparison with coal. Therefore, it is being given more by the users.

The import of petcoke has increased substantially in the past few months. The total import of petcoke was less than 50% in the last year. The largest user of petcoke is the cement sector but had switched to coal because of its affordability. However, now that the coal prices have increased and petcoke prices have reduced, it is gradually switching back to petcoke.

In December, the US petcoke import was increased by 143% and from Saudi Arabia by 63%.

Image Source

The import of Petcoke in India increased by 73% in December 2021. The import of petcoke (petroleum coke), which is a byproduct of the oil refining process, was 9.87 lakh tonne in December 2021. The figure is 73% more in comparison with the import in December 2020. As per reports, the price of petcoke is becoming competitive with that of coal. According to the Lavi Coal Info report, there is a 70% increase in the import of petcoke on a monthly basis in December. As a result of the high prices and rigidity in supply, the import of the fuel-grade petcoke was slow. However, in recent times, fuel-grade petcoke is once again rising in competition with coal. The coal users are switching to fuel-grade petcoke. In early 2021, in terms of solid fuels, the cheapest source of energy was the US high calorific value coal. However, later during the energy crisis in the global fuel market, the prices of these commodities increased. The process of these commodities has now been reduced. However, the decrease in the pricing of petcoke was more in comparison with coal. Therefore, it is being given more by the users. The import of petcoke has increased substantially in the past few months. The total import of petcoke was less than 50% in the last year. The largest user of petcoke is the cement sector but had switched to coal because of its affordability. However, now that the coal prices have increased and petcoke prices have reduced, it is gradually switching back to petcoke. In December, the US petcoke import was increased by 143% and from Saudi Arabia by 63%. Image Source

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?