Tag: API4 Index

India: South African RB2 coal portside prices gain support amid limited stock and escalated index

May 6, 2021

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by

Rituparna Ghosh

in Non Coking

After being under pressure for most part of April, South African RB2 (5500 NAR) grade coal portside prices strengthened this week as the same rose by INR 100-500/t w-o-w basis across various ports, with traders expecting a further rise in the upcoming days. This increase in portside prices is majorly triggered by two factors as…