Tag: crude oil
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South African thermal coal prices dive amid fall in crude oil prices
Seaborne prices for South African thermal coal plunged this week and coal offers once again reached to the levels recorded in the first week of May. While the API Index price fell by USD 3-4/t w-o-w basis, the higher plunge was recorded in RB2 and RB3 grade prices, by USD 6-7/t. The current offers for…