Tag: API Index price
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South African RB2 coal offers to India remain steady amid tepid demand
The API index as well as RB2 grade South African coal offers to India have remained almost stable since past few weeks amid lacklustre domestic demand. TheRB2 grade (5500kcal/kg) price CFR India (Gangavaram port) is reported to be at $50-51/t whereas RB3 grade (4800 kcal/kg) price is at $43-44/t. The discounts for RB2 grade coal…