Author: Shivani Patil
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India’s coal market remains volatile on higher South African offers, demand stays weak
South African offers firm amid cargo tightness, but Indian buying stayed muted Sponge iron weakness continued to cap near-term coal demand South African thermal coal offers strengthened furtherin the week ended 19 December despite limited buying interest. Offers for RB2 (5,500 NAR) ex-Paradip, Vizag and Gangavaram rose to INR 9,200-9,250/t exw levels this week, however,…