Tag: 5500 NAR
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India: RB2 portside prices turn stable amid ease in supply tightness from South Africa
The portside prices for RB2 (5500 kcal/kg) NAR coal has remained unchanged this week at INR 5,500/t ex-Gangavaram (exclusive of cess and GST) as there is sufficient material available at port (around 2.95 mn t). There is no panic buying from domestic sponge sector amid falling prices. Supply situation normalized in S.Africa Last month, API4…