India: Sellers rush to sell RB2 coal at ports amid lockdown fears

S.African RB2 (5500 NAR) coal prices averaged at INR 6,730/t ex-Gangavaram today as traders opted to clear stockpiles at the port. Prices ex-Haldia were assessed at INR 7,550/t. With regional lockdown imposed in some parts of the country, demand remained under pressure. Offers in Vizag and Mangalore were unchanged at INR 7,000/t, INR 7,250/t, due to availability of lower stock.


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