Tag: Europe
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Indian sellers hike South African RB3 coal portside prices this week
With the sharp rise in South African thermal coal prices this week amid increased European demand, portside RB3 (4800 kcal/kg NAR) coal prices have risen by INR 1,000/t w-o-w to INR 15,000/t at Vizag and Mangalore ports. Indian manufacturers have been opting for more of RB3 over RB2 coal since past few months amid latter’s…