India: RB2 portside coal prices correct by INR 100/t

RB2 (5500 NAR) portside coal prices that increased towards the end of last week, has today seen a correction of INR 100/t and are assessed at INR 5,500/t (ex-Gangavaram) with limited deals heard. While API4 index is rallying up, there is no such rise in portside prices as the buyers already have coal stock to last for two months. Prices at Haldia and Paradip are heard at INR 6,300/t and INR 5,800/t respectively.


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