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Global petcoke markets turn bearish as Indian cement makers switch to cheaper coal

Source: BigMint Apr 28, 2026 08:30
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Coal & Coke Global
Petcoke prices decline by $5-6/t, further downside expected. Producers lift cement prices by INR 12-13/bag to protect margins
The global petroleum coke market is showing clear signs of strain. After weeks of tight supply and rising prices driven by the Middle East conflict, demand is now faltering -- particularly in India, the world's largest petcoke-importing nation for the cement industry. Buyers are turning away from expensive petcoke

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