Tag: Price

India: Australian thermal coal demand wanes as cement mills switch to domestic blending

Jul 2, 2021

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by

Aditi Tiwari

in Non Coking

Following its peers, Australian thermal coal prices have also been observing an uninterrupted increase since the last one month. The popular 5,550 NAR grade that averaged around $58/tonne (t) in May’21 is now being offered at $78-80/t, FoB basis for Jul-Aug’21 loading. Amidst this rise, the buying interest from India waned significantly, especially in the…