Author: Shivani Patil
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India: Portside South African non-coking coal prices rise w-o-w; demand stays weak
Buyers resist elevated import offers Port stocks hit highest level in 25 weeks South African thermal coal prices at Indian ports remained under pressure during the week ended 14 May despite firm global energy cues, rising freight costs, and higher international offers. Market sentiment stayed weak as buyers resisted elevated landed prices amid poor sponge…