Author: Rituparna Ghosh
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India: Russia-Ukraine war boosts portside RB2 prices by INR 1,200/t
A sharp rise in imported South African thermal coal prices lifted portside RB2 (5500 NAR) rates by INR 1,200/t w-o-w to INR 17,500/t at Gangavaram Port, CoalMint’s assessment showed. The onset of the war between Russia and Ukraine has led to sanctions being imposed by western countries, including the US and EU on the former.…