India: South African coal portside prices remain stable w-o-w

BigMint’s assessment shows that portside prices of South African thermal coal remained largely unchanged this week. RB2 (5500 GAR) and RB3 (4800 GAR) coal prices were assessed at INR 9,500/t and INR 7,650/t ex-Gangavaram, respectively. BigMint learned from market participants that the approaching festive holidays and bid offer disparity have weighed on transactions.