Tag: Bargain

India: South African RB2 portside coal prices remain weak on high stock at ports

Nov 3, 2020

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by

Aditi Tiwari

in Non Coking

The portside prices of South African RB2 (5500 NAR kcal/kg) thermal coal especially at Gangavaram port are not improving despite the index moving up from start of November. The flat portside prices can be attributed to higher thermal coal stock at ports and no change in fundamental demand especially from the sponge iron sector. The…