Indian portside thermal coal prices remain stable

  • Prices of the South African RB2 (5500 GAR) coal remained stable w-o-w at INR 9,650/t ex-Gangavaram.
  • Prices of RB3 (4800 GAR) coal at Gangavaram and Vizag ports stood at INR 7,700-7,750/t, unchanged w-o-w.
  • Deals remained muted for the week on bid-offer disparity by about INR 300-400/t.

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