Tag: Coal Linkage
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High South African Coal Prices Hurt Indian Buying Sentiments
South African coal prices came down slightly as API-4 index fell to USD 92.05/MT this week. Once it seemed like that the index might cross the 100 USD mark, however, the decline in Newcastle coal index restricted further rise of South African coal prices. Offers for 5500 NAR was assessed at USD 77-78/MT, FOB South…