India: Coal freight market sees divergent trends across key routes

India’s coal freight market showed a mixed picture this week, with Australian rates firming up on improved Pacific sentiment, South African gains remaining modest amid balanced tonnage, and Indonesian routes easing as weaker demand dampened spot activity.

  • Hay Point-Paradip: Freights assessed at $18.40/dmt (+$0.22 w-o-w).
  • RBCT-Paradip: Rates assessed at $16.09/dmt (+$0.19 w-o-w).
  • East Kalimantan-Navlakhi: Freights assessed at $14.34/dmt (-$0.56 w-o-w).