India: Portside South African thermal coal prices dip w-o-w amid limited buying, ample stocks

Portside prices of South African thermal coal in India inched down w-o-w amid limited buying interest and sufficient stock availability with buyers. RB2 (5500 NAR) fell by INR 50/t w-o-w to INR 8,250/t ex-Gangavaram, while RB3 (4800 NAR) remained unchanged at INR 7,200/t. Demand stayed subdued, as buyers largely relied on existing inventories and procured only on need basis.


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