Author: Shivani Patil
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India: Portside South African thermal coal prices rise to one-year high on lower port stocks
Portside prices rise on tight supply, higher global indices Export cargo diversion limits availability, lifts offers South African thermal coal prices at Indian ports moved higher w-o-w, supported by seasonal supply tightness, rising global indices, and selective improvement in sponge iron prices. However, trade activity stayed muted during the week as Sankranti holidays in South…