India: RB2 coal portside offers remain firm, weak demand caps gains

S.African RB2 (5500 NAR) grade coal portside offers across major ports remained escalated today amid rallied index and lower availability of stock. Offers ex-Gangavaram were at INR 7,500/t while trades were heard at INR 7,500/t ex-Mangalore. However, weak demand continued to weigh on buying sentiment as limited bids were heard.


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