“The US CFR (Code of Federal Regulations) petroleum coke prices rose around $13/tonne month-on-month in February, with spot levels reaching around $135/tonne, marking a 52-week high. This implies a cost escalation of about Rs140-150/tonne (about Rs7-8/bag),” said JM’s report dated 1 March.
Cement prices are up marginally, but worries on crude-linked input costs emerge
