India: South African RB2 coal portside offers rise w-o-w on strong cues

South African RB2 (5500 NAR) portside prices strengthened w-o-w across key east coast ports. Ex-Paradip rose to INR 8,600/t from INR 8,400/t, while prices in Vizag increased to INR 8,450/t from 8,350/t, and in Gangavaram to INR 8,500/t from INR 8,400/t. RB3 coal was in the INR 7,200-7,250/t range. Prices stayed firm on strong seaborne offers, higher freights, and vessel shortage.