Author: Shivani Patil
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India: Portside South African thermal coal prices surge to 3-year high amid geopolitical tensions, freight spike
Demand weak despite price surge, buyers hold 1-2 months of stocks Bid-offer gap widens, buyers may shift to lower-priced domestic coal South African thermal coal prices at Indian ports surged sharply w-o-w amid rising export offers, rising freights, and geopolitical tensions in the Middle East, which have disrupted global energy markets. As per BigMint’s assessment,…