India: South African portside coal offers hold steady w-o-w

South African portside coal offers in India stayed stable this week, with RB2 at INR 8,200/t and RB3 at INR 7,100/t across Vizag and Gangavaram. Market activity remained muted due to the ongoing festive season, but participants expect trade flow to improve and buying interest to revive from next week as activity gradually resumes.


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