Author: Nishtha Mukherjee

South African (SA) thermal coal prices are on fire since the second quarter of this calendar. After remaining volatile over Jan-Apr’21, prices started showing an upward trajectory from May’21 onwards, spurting from an average monthly $84/t FOB in May’21 to $110/t FOB in Aug’21, a 31% rise over four months. The rates are currently nudging…