Tag: India: Portside South African coal prices
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India: Portside South African coal prices decline amid weak demand
BigMint’s assessment indicated that portside prices of South African thermal coal have fallen by INR 100-300/tonne (t) w-o-w. RB2 (5500 GAR) and RB3 (4800 GAR) coal prices were assessed at INR 9,450/t and INR 7,600/t ex-Gangavaram, respectively. Trades remained subdued due to bid-offer disparities and weak steel demand. Non-coking or thermal coal stocks at Indian…