Tag: Index
-

South African coal price index moves up amid support from Australian mines closure
South African thermal coal price index opened higher today, with prices up by $3.5-4/t against last week’s closing prices. Key highlights —API index price for RB1 grade coal is at $61.3/t, while RB2 and RB3 are at $47-48/t and $38-39/t respectively, FoB RBCT port basis for October shipments. —The discounts for RB2 grade are heard to be around $9-10/t and that for RB3 are…