The rally in RB2 (5500 NAR) coal portside prices at various Indian ports have come to a halt due to limited inquires and trades. While no major trade was heard at Gangavaram port today, offers were heard at INR 6,600-6,700/t which are anticipated to go down further amid COVID-led restrictions and reduced demand. Prices ex-Haldia are at INR 7,500/t, ex-Paradip at INR 6,800/t.
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