India: South African coal portside prices inch down amid weak demand

Portside South African thermal coal prices in India declined this week due to weak demand and selling pressure on suppliers. RB2 (5500 NAR) coal prices dropped by INR 100/t to INR 8,700/t, while RB3 (4800 NAR) fell by INR 50/t to INR 7,250/t at Gangavaram Port. The decline in South African coal export prices has contributed to the downward trend in prices.


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