Portside trade of South African RB2 (5,500 NAR) grade coal continued to remain dull today as the highest bid from sponge iron manufacturers was heard at INR 7,800/t, while offers remained firm at INR 8,000-8,100/t ex-Gangavaram. Tight availability and rise in RB1 (6,000 NAR) grade prices to $117/t from $115/t on 30 Jun’21 deterred traders from easing portside RB2 coal prices.
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