The imported South African thermal coal market at Indian ports weakened this week amid persistently low demand. RB2 (5500 NAR) prices dropped by INR 100/t w-o-w to INR 8,350/t ex-Gangavaram, while RB3 (4800 NAR) remained unchanged at INR 7,200/t. A deal for 16,000 t of RB2 was heard concluded. Offers in Vizag declined by INR 8,000-8,200/t. Overall, the market remains soft.
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