Tag: Indian Coal

India: Sellers hold back portside RB2 offers in anticipation of price rise

Sep 6, 2021

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by

Rituparna Ghosh

in Non Coking

Portside prices for South African RB2 (5500 NAR) coal at Indian ports have moved up to INR 10,500-11,000/t. Sellers are not offering bulk quantities at present in anticipation of a further rise in prices, market participants informed CoalMint. Domestic coal shortage has taken a turn for the worse, providing an opportunity to imported coal sellers.…