Author: Shivani Patil

  • India: Thermal coal inventories edge up amid cautious buying

    India: Thermal coal inventories edge up amid cautious buying

    Buyers focus on requirement-based deals Monsoon induces cautious sentiment in market India’s thermal coal inventories at major ports increased marginally by 0.6% w-o-w to 15.61 mnt in week 22 from 15.53 mnt in week 21, indicating continued comfortable supply conditions despite mixed evacuation trends across ports. Market participants stated that industrial consumers largely maintained requirement-based…