The anthracite coal market in India has remained lackluster since long due to sluggish demand, despite strong international consumption. This is mainly because of the fact that the country’s end buyers prefer using alternate cheaper coal types over anthracite coal and there is also no prospect for any upturn in its demand in the near future.
On the pricing front, there was no downturn in the international offers for the coal in the past week.
The latest offers for anthracite coal hover around USD 138/MT FOB Russia, which amounts to around USD 151/MT CNF India; unchanged from the preceding weekly assessments.
Source: CoalMint Research
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