Tag: Portside South African coal prices in India
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India: South African thermal coal prices drop w-o-w amid slow demand, rising port stocks
Thermal coal inventories rise by over 5% w-o-w Sponge iron prices drop, weaken coal demand South African coal prices at Indian ports continued to weaken this week as demand stayed muted amid sufficient inventories and a soft index. As per BigMint’s latest assessment, RB2 (5500 NAR) fell by INR 50/t w-o-w to INR 8,250/t exw-Gangavaram,…