India: Portside prices of South African thermal coal remain stable in east, southern tags up

Portside prices of South African thermal coal remained unchanged w-o-w at Gangavaram Port in eastern India, with RB2 (5500 NAR) at INR 8,500/t exw and RB3 (4800 NAR) at INR 7,100/t exw. Some deals were heard concluded this week at eastern ports. However, in southern India, prices of RB3 (4800 NAR) increased by around INR 300-400/t amid lack of availability.


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