Author: Shilpa Singh
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Slow Trade Leant to Drive South African Coal Prices Down
South African coal prices have fallen about 9-10% since early Nov’16. Slow trade activities in the global market driving prices down. South African coal offers have seen a sharp correction about USD 4-5/MT, FoB, compared to last week. Slow Chinese buying activities have hampered the coal prices harshly as all types of thermal coal index…