India: South African thermal coal portside prices edge lower w-o-w

At Gangavaram Port, the price of RB2 (5500 NAR) dropped by INR 100/t to INR 8,500/t exw, while RB3 (4800 NAR) saw a more significant decline of INR 150/t, reaching INR 7,100/t exw. This decrease in prices is attributed to a further weakening in demand for imported coal, as drop in domestic coal prices in recent auctions.


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