Tag: Kandla

Australian 5500 NAR coal booked by Indian trader at FoB $41/t

Nov 28, 2020

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by

Aditi Tiwari

in Non Coking

In a confirmed deal, a panamax vessel for Australian coal (5500 NAR) has been booked at $41/t, FoB Newcastle for December shipment to Kandla port. The freight for panamax vessel between Newcastle to Kandla port is at $16/t. A rise in South African coal prices has led to an improvement in demand for Australian coal as it…