Author: Shilpa Singh
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South African Coal Offers Falling Amid Less Demand
The spot offers of South African coal have been falling since couple of weeks on the wake of slow demand by Indian sponge makers. South African prices are noticeably less volatile since couple of weeks as index (6000 NAR) reflecting at the range of USD 84-85/MT, FoB. Despite, subdued coal offers, Indian trade still slow…