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.