Tag: Australian Coal

India: Australian thermal coal bookings remain sparse on stiff offers

Jun 25, 2021

—

by

Rituparna Ghosh

in Non Coking

Amid elevated offers for 5500 NAR grade Australian coal at $75-76/t, and the freight rate hovering at $30/t for panamax vessels, Indian buyers are shying away from booking Australian thermal coal cargoes, as per CoalMint reports. Hardly any major import deal has been heard this week. On the supply side, with increasing demand for high-CV…