Author: Shilpa Singh
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South African Coal Prices Trending High despite Falling Indian Demand
South African coal index further rise and witnessed at USD 65/MT yesterday; rising offers limited demand for new shipments in India. South African thermal coal offers still following upward trend and rose by USD 3-4/MT compared to last month. 5500 NAR coal is offering at USD 51-52/MT, FoB for Aug’16 loadings and 6000 NAR cargo…