Tag: India domestic coal prices
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Weekly recap: Global coal market trends (Week 52, 2024)
India’s coal market remained sluggish this week weighed down by high inventories, subdued demand and market slowdown ahead of the holiday season. Indonesian portside thermal coal prices held steady amid cautious buying, while South African coal prices weakened amid ample domestic supplies following CIL auctions. Domestic coal prices also dipped, reflecting muted demand from sponge…