Tag: 5500 NAR Price
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High freight rates keep Indian buyers from booking Australian thermal coal cargoes
The elevated freight rates have adversely impacted the import demand of various commodities and Australian thermal coal was no exception. Volume of coal coming to India from Australia declines CoalMint’s vessel line-up data reveals that about 0.98 mn t of Australian thermal coal is expected to arrive at Indian ports in March’ 21. This is…