Tag: RB1 Coal prices
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South Africa: RB1 coal prices rise again amid cargo shortage, logistics worries
After falling sharply over the last few days, South African RB1 (6000 kcal/kg NAR) grade coal prices have bounced back by $16/t d-o-d to $274/t FOB as on 3 May. The rise in prices came amid increasing instances of cargo shortage at RBCT Port and rail transport issues. The country’s rail operator Transnet recently declared…