Author: Shivani Patil

India: South African coal portside prices remain under pressure amid high stocks, falling sponge offers

May 7, 2026

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by

Shivani Patil

in Non Coking

Sponge prices drop by up to INR 1,000/t w-o-w Coal portside inventories in India up 4% w-o-w South African thermal coal prices at Indian ports showed mixed trends w-o-w as on 7 May 2026, even as international offers moved higher amid rising freight and energy costs. As per BigMint’s assessment, ex-Paradip and ex-Vizag RB2 5,500…