Anthracite Coal offers have exhibited no downward movement as prices of Coking Coal hovered at high rates in the international markets.
The ruling Anthracite Coal offer is assessed at around USD 130/MT CFR India, up by USD 3/MT over the offer in the last week.
Source: CoalMint Research
The fluctuations in the offers are not in any way impact the India market as the demand has been weak. Buyers in India are interested in alternate fuels, resulting in the lackluster demand scenario. Moreover, the market outlook for the country is also bleak, without any sign of improvement in demand.
IMPORTS
During July’17, only 67,430 MT of Anthracite Coal was imported in India, data collected by CoalMint Research shows.
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