S.African RB2 portside coal prices down on buyers’ unwillingness to accept raised offers

RB2 grade offers at Indian ports moved down today by INR 100-150/t amid a fall in index over last two days. At Gangavaram port there is a mismatch in price ideas between buyers and sellers, with offers at INR 4,900-5,000/t and buying interest at INR 4,600-4,700/t. However, at Krishnapatnam port a deal was confirmed for RB2 at INR 4,850/t.


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