New FY with a bang!!! Reliance Industries Ltd. have increased the price of petcoke by Rs. 3836/- w.e.f 01.04.2022. Now the basic price Ex-Jamnangar is Rs. 21816/- pmt.
Though we expected a rise but this is higher than our expectation nor does it supports the demand supply equation. We expect (wish) a cut next month.
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