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
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?