Tag: API4 Index
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India: Portside South African RB2 grade coal prices move up as API4 index rebounds
The past few days have brought some respite to South African thermal coal sellers in India that had been carrying out domestic trade even at a loss. The portside RB2 (5500 kcal/kg NAR) prices have increase by around INR 150-200/t w-o-w basis. Among several confirmed deals heard by CoalMint, about 2,000 tonne RB2 has been…