Author: Shivani Patil
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India: South African coal prices decline further on weak demand
Domestic coal preference continues amid geopolitical uncertainty Sponge iron prices fall, keeping imported coal demand under pressure South African thermal coal prices at Indian ports declined w-o-w, as per BigMint’s assessment. Ex-Paradip RB2 (5,500 NAR) fell by INR 100-200/t to INR 11,000-11,100/t, while RB3 (4,800 NAR) dropped sharply by INR 400/t to INR 9,800/t. At…