India: South African RB2 coal sold at 12,300/t at Gangavaram Port

In a confirmed deal, 16,000 t of South African RB2 coal was sold at INR 12,300/t at Gangavaram Port for Feb’22 delivery. Amid limited portside stocks, traders are offering coal for the coming months. A total of 0.8 mn t of coal is set to arrive at Indian ports between 12-21 Jan’22, as per CoalMint data.


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