India: Dry bulk coal freight rates exhibit mixed trends across routes

Coal freights in India softened this week, with Australian and South African routes seeing declines on weaker sentiment, while Indonesian rates increased. No active fixtures at higher levels increased prompt vessel availability, and charterers continued exploring lower pricing options.

• Hay Point-Paradip: Freights assessed at $17.30/dmt (-$1.10/dmt w-o-w).
• RBCT-Paradip: Rates assessed at $15.50/dmt (-$0.59/dmt w-o-w).
• East Kalimantan-Navlakhi: Freights assessed at $14.70/dmt (+$0.36/dmt w-o-w).