Tag: Indian Coal Imports
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U.S. thermal coal gains traction in India, 0.25 mn t to arrive by 7 Sep’21
Amidst escalated thermal coal prices, Indian cement and power plants located in the coastal belt and designed to run on imported fuel have been procuring the same from the U.S. given its low per calorific value (CV) cost. The U.S. 6,900 NAR thermal coal’s CNF India prices are currently assessed at $172-173/tonne (t). On the…