Author: Shivani Patil
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India: Portside thermal coal stocks fall w-o-w amid weak arrivals
Stocks declines at Vizag, Gangavaram, and Mangalore South African and Indonesian coal markets stay cautious India’s portside thermal coal inventories slipped 7.1% w-o-w to 12.1 mnt in Week 36, down from 13.03 mnt in Week 35. Arrivals stayed muted as elevated import offers and higher freight rates inflated landed costs, while weak domestic demand continued…