Amid acute coal shortage at South Africa’s RBCT port, RB2 (5500 NAR) grade coal that was earlier sold at a discount is now fetching a premium of $5/t. The discount for RB3 (4800 NAR) coal has reduced by $5/t. RB1 coal prices stood at $174/t FOB on 31 Jan. Thermal coal stocks at RBCT are assessed at 1.8 mnt against an average of 5 mnt in normal circumstances.
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