Tag: Imported South Africa thermal coal prices in India
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India: South African coal offers edge higher although demand remains limited
Buyers remain cautious as high offers curb trades Weak sponge iron market limits bulk spot purchases South African RB2 thermal coal prices at Indian ports rose INR 50/t w-o-w to INR 8,300/t exw-Gangavaram, while RB3 gained INR 100/t to INR 7,200/t. Offers for RB2 in the eastern ports were heard at INR 8,300-8,350/t. Higher freight…