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News Indian cement producers’ petcoke use fell amid rising fuel prices in fourth quarter of 2021 financial year

Indian cement producers’ petcoke use fell amid rising fuel prices in fourth quarter of 2021 financial year

Written by Global Cement staff 01 June 2021
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India: Cement producers reduced the proportion of coal in their fuel mixes during the fourth quarter of the local 2021 financial year. Ramco Cements’ petcoke use was 41% in the 2021 financial year compared to 48% in the 2020 financial year, according to Mint News. Dalmia Bharat subsidiary Dalmia Cement used 52% petcoke in its cement fuel in the fourth quarter of the 2021 financial year, which ended on 31 March 2021, compared to 70% in the year’s third quarter. In the same comparison periods, Aditya Birla subsidiary UltraTech Cement reduced its petcoke share to 30% from 77%. It replaced the fuel with 60% coal, compared to 10% in the third quarter of the 2021 financial year.

Petcoke prices more than doubled year-on-year to US$130/t in the fourth quarter of the 2021 financial year, leading cement producers to switch fuels. Coal prices have resultantly risen by 82% to US$100/t. Producers rely on imports for both commodities.

Last modified on 02 June 2021
Published in Global Cement News
Tagged under
  • India
  • Coal
  • petcoke
  • Prices
  • Ramco Cement
  • Dalmia Bharat
  • Dalmia
  • UltraTech Cement
  • GCW508

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