Tag: Portside prices of South African imported thermal coal in India
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India: South African coal prices remain under pressure amid sluggish demand, ample port stocks
RB2 weakens further amid muted market sentiment RB3 coal prices remain unchanged South African coal prices at Indian ports continued to soften this week as demand stayed subdued due to market volatility and high inventory levels. As per BigMint’s latest assessment, RB2 (5500 NAR) slipped INR 50/tonne (t) w-o-w to INR 8,300/t exw-Gangavaram. RB3 (4800…