India: South African RB2 portside offers slide on low demand

South African RB2 (5500 NAR) grade coal offers in Gangavaram fell to INR 7,300/t today against an average of INR 7,550/t yesterday, as buyers seem to be postponing their bookings in anticipation of further decrease in prices. However, RB2 stock at Haldia and Mangalore ports are almost sold out and at Paradip port only limited stocks are available, market participants informed CoalMint.


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