Author: Shivani Patil
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India: Thermal coal port inventories rise further amid cautious buying
Inventories rise on steady inflows Weak demand limits coal movement India’s non-coking coal inventories at major ports increased by 4.8% w-o-w in week 19, rising to 15.87 mnt from 15.14 mnt in week 18, indicating continued cargo inflows despite weak downstream demand. The inventory level reached its highest point in the past 25 weeks, last…