US Gulf coast high-sulphur petroleum coke prices ticked up this week as sellers’ offer prices firmed in the face of higher freight rates. The US Gulf to east coast India freight rate in particular jumped this week, moving up by $3/t to $41/t for a 45,000- 50,000t cargo. These rising costs are making it difficult for traders to make a profit on supramax cargoes to India, since Indian buyers only want to pay in the mid-$90s at most. But fully loaded Panamax cargoes can ship to India at current prices
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