Author: Shivani Patil
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India: South African portside thermal coal trade remains muted despite firm offers
Port inventories in India decline w-o-w Sponge prices remain range-bound South African thermal coal sentiment remained subdued during the week ended 11 June despite firmer global cues. As per BigMint’s assessment, ex-Paradip RB2 (5,500 NAR) remained stable w-o-w at INR 11,500/t, while RB3 (4,800 NAR) was unchanged at INR 9,900/t. At Vizag, RB2 declined by…