South African coal prices at Indian ports decline after rally amid buyer resistance week

South African thermal coal prices at Indian ports declined w-o-w as of 18 Mar’26 following a sharp rally. Exw-Paradip RB2 (5,500 NAR) fell by INR 400/t to INR 11,800/t, while RB3 (4,800 NAR) dropped by INR 100/t to INR 10,500/t, as per BigMint. The correction was driven by buyer resistance to higher offers, softening market sentiment after a sustained uptrend.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *