South African coal portside prices unchanged w-o-w as higher offers face resistance

South African coal prices remained stable w-o-w at Indian ports on 7 January. Exw Paradip, RB2 (5,500 NAR) held at INR 9,000/t, while RB3 (4,800 NAR) stayed unchanged at INR 7,550/t. Market offers moved higher, supported by recent sponge iron price traction and geopolitical tensions involving Venezuela and the US, though participants remained uncertain on acceptance of elevated offers amid ample domestic availability.