The South African thermal coal market at Indian ports remained largely inactive this week. RB2 (5500 NAR) prices were unchanged at INR 8,450/t ex-Gangavaram, while RB3 (4800 NAR) tags were stable at INR 7,200/t. Offers, ex-ports, remained range-bound, with RB2 at INR 8,500-8,600/t and RB3 at INR 7,150-7,250/t. Despite low RB3 stocks, the market saw no fresh buying interest, which kept overall activity stagnant.
Leave a Reply