South African thermal coal prices at Indian ports inched up w-o-w, though trade activity remained muted due to the Sankranti holidays. RB2 (5,500 NAR) rose to INR 9,100/t exw-Paradip, while RB3 (4,800 NAR) increased to INR 7,600/t, up INR 50-100/t. Offers firmed up on an increase in the global benchmark index (API 4) and limited RB3 availability at ports, even as buying interest stayed cautious.
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