S.African API index today opened at $65.5/t against last week’s closure of $63.5/t. RB2 and RB3 grade coal is assessed at $51.5/t and $40.4/t respectively, FoB basis. This rise can be attributed to supply curbs by key coal exporters like Australia, Indonesia, and Colombia. However, in India, the portside offers for thermal coal continue to remain unchanged amid ample stock availability.
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