India: South African RB2 coal sold at INR 10,200/t at Gangavaram

In a deal which was confirmed by CoalMint, 4,000 t of South African RB2 coal was sold at INR 10,200/t at Gangavaram Port against INR 10,000/t on 2 Dec’21. Amidst a sharp rise in natural gas prices, RB1 (6000 NAR) coal prices again rebounded by $15/t in the last two days to $133/t on 2 Dec’21.