Tag: Portside prices

India: Portside South African coal prices decline amid rains, global market pressures

Sep 13, 2024

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by

Monika Bajaj

in Non Coking

BigMint’s assessment indicated that portside prices of South African thermal coal remained under pressure, dropping by INR 50-200/t this week. RB2 (5500 GAR) and RB3 (4800 GAR) prices were assessed at INR 9,400/t and INR 7,600/t ex-Gangavaram, respectively. Current weak steel demand has kept buying subdued. Also, rainfall in parts of the country has reduced…