Coal freights to India softened w-o-w on subdued sentiment, with lower forward contracts (FFAs), easing bunker prices, and ample prompt tonnage capping rates. Fixing remained rangebound on muted enquiries during holidays, though sentiment is likely to improve.
- Hay Point-Paradip: Freights were stable at $12.70/dmt
- RBCT-Paradip: Rates were assessed at $12.08/dmt (-$0.72/dmt w-o-w).
- East Kalimantan-Navlakhi: Freights were assessed at $12.91/dmt (-$0.59/dmt w-o-w).
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