Author: Damini Sahu
-
Indonesian RKAB curbs trigger price rally in India’s portside non-coking coal market
Portside Indonesian thermal coal prices in India increased sharply on supply tightness after Indonesia’s final RKAB announcement resulting in an estimated 30-40% reduction in production. Constrained availability of material at ports supported hike in prices by INR 100-200/t. BigMint’s assessments of portside coal are as follows: 3400 GAR – INR 4,600/t, while 4200 GAR and…