Author: Rituparna Ghosh
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India: RB2 portside prices spurt INR 500/t on improved demand
The demand for portside South African thermal coal picked up this week as sponge iron units resorted to procuring imported coal. This led to a rise in prices across major ports by INR-300-500/t on a w-o-w basis. RB2 coal portside trade prices Port Aug’21 W1 As on 12 Aug’21 Ex-Gangavaram 8,500 8,900 Ex-Mangalore 9,250 9,500…