Author: Damini Sahu

Increasing port stocks & weak demand weigh on prices Domestic coal preference limits import demand South African thermal coal prices at Indian ports witnessed a week-on-week decline, according to BigMint’s assessment, primarily due to subdued demand and increased cargo availability. Ex-Paradip RB2 (5,500 NAR) prices softened by INR 100-200/t to INR 10,850-10,900/t, while RB3 (4,800…