Tag: Ganagavaram
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India: RB2 portside prices rangebound on muted demand
S.African RB2 (5500 NAR) coal prices assessed at INR 6,800/t ex-Gangavaram as buyers refrained from making bookings amid fear of weak steel demand in the country due to Covid restrictions. Prices at Vizag and Mangalore are assessed at INR 6900/t and INR 7400/t respectively. However, limited stock at major ports is likely to limit any…