Author: Shivani Patil

India: South African thermal coal offers rise w-o-w despite muted buying interest

Jul 11, 2025

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by

Shivani Patil

in Non Coking

Increase in sponge iron prices pushes up RB2 offers Cautious buying, high domestic supply may cap further rise India’s portside offers for South African thermal coal – RB2 (5500 NAR) – rose by INR 200-300/tonne (t) w-o-w, supported by higher sponge iron prices and slightly improved trader sentiment. A recent deal for 500 t of RB2…