Tag: 5500 NAR Prices
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South African Coal Offers Trending High amid Weak Demand
India’s demand for South African grade has limited now. Sponge sector is buying conventionally in small quantities due to higher offers. South African Coal index has shoot up again this week and assessed at USD 55/MT (6000 NAR), FoB Richards Bay for Jul’16 shipments. However, 5500 NAR CFR India offers remain unchanged at USD 53-54/MT…