India: US thermal coal prices at INR 22,300/t at Tuna Port

Amid limited stockpile, portside prices of US 6900 kcal/kg NAR were in a tight range at INR 22,300/t at Tuna Port. Procurement demand by the brick-kiln manufacturers remained under pressure while cement players were seen making direct procurement in bulk quantity amid rising cement output. Ultratech Cement was the biggest importer of US coal with 0.24 mnt so far this month and is further set to bring in 38,395 t next week.


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