South African thermal coal prices at Indian ports softened w-o-w again this week due to subdued demand and sufficient availability of domestic material. RB2 (5500 NAR) dropped by INR 50/t w-o-w to INR 8,300/t ex-Gangavaram, while RB3 (4800 NAR) remained stable at INR 7,200/t. CNF Gangavaram offers also fell by $2/t w-o-w – RB2 to $87/t and RB3 to $74/t. Buyers remained inactive.
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