Tag: Prices
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India: RB2 grade coal portside offers rise but buyers show resistance
South African thermal coal index (API4) which had been hovering around $59-59.5/t in last week of October, moved up by $1/t for November. However, portside prices for RB2 (5500 kcal/kg NAR) coal at Gangavaram port remains flat. Market sources have informed CoalMint that while sellers at Gangavaram port have subsequently raised their offers by INR…