India: Imported South African coal prices at ports remain stable w-o-w

Portside prices of South African thermal coal remained largely unchanged w-o-w, as per BigMint’s assessment. RB2 (5500 GAR) and RB3 (4800 GAR) coal prices were assessed at INR 9,500/t and INR 7,600/t ex-Gangavaram, respectively. Limited transactions took place during the holidays. However, market participants informed that market sentiments may soon pick up post holidays.