Author: Rituparna Ghosh
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India: Supply crunch keeps South African RB2 coal prices elevated at Ennore
A confirmed deal has been heard for 10,000 t of South African RB2 (5500 NAR) grade coal at INR 9,700/t at Ennore Port today. Low availability of imported coal stock at ports in south India has kept prices elevated. Another deal for 4,000 t of RB2 coal was heard at INR 9,100/t, ex-Gangavaram. A few…