Tag: Pirice
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India: RB2 coal portside prices head south as sponge sector buyers retreat
South African RB2 (5500 NAR) portside prices inched down further by an additional INR 200/t (w-o-w) as inquiries from Indian sponge buyers turned thin. Currently the prices are being assessed at INR 5,500/t ex-Gangavaram (exclusive of cess and GST). Stock data maintained with CoalMint reveals that thermal coal stock at Gangavaram port stood at 2.91…