Tag: Krishnapatnam

Portside offers for RB2 grade coal in Krishnapatnam remains inflated despite drop at other ports

Oct 6, 2020

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by

Aditi Tiwari

in Non Coking

Key highlights Last week, portside prices of South African RB2 (5500 kcal/kg NAR) grade thermal coal at Indian ports observed a rebound of INR 300-400/t amid an uptick in API4 index prices. However, towards the weekend, index fell by $2.5/t. Subsequently Indian buyers bargained with the suppliers to lower the portside RB2 rates resulting in…