Author: Monika Bajaj
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India: Portside South African coal prices drop as sponge offers remain under pressure
Thermal coal market remains weak on low buying Stock levels at Indian ports expected to meet monsoon demand Prices of the South African RB2 (5500 GAR) coal in the Asian market fell by INR 100/t to INR 10,000/tonne (t) ex-Gangavaram. Prices of RB3 (4800 NAR) at Gangavaram and Vizag Ports were recorded at INR 8,100/t,…