Indian private-sector refiner Reliance Industries (RIL) and Russia’s Rosneft-owned Nayara have cut their July petroleum coke prices by over 10pc compared with June. The reduction follows a drop in the seaborne coke market last month. RIL has set its basic July price at 11,856 rupees/t ($144.54/t), down by Rs1,374/t from June. Nayara lowered its prices to Rs12,060/t, down by Rs1,459/t from June.
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