Tag: RB1 coal

South Africa: Rising LNG prices in Europe lifts RB1 coal prices by $5/t

Nov 19, 2021

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by

Rituparna Ghosh

in Non Coking

With rising LNG prices in Europe, South African RB1 (6000 NAR) grade coal prices rose by $5/t, d-o-d, to $136/t on 18 Nov’21 after two successive weeks of decline. The rise in LNG prices comes on the back of supply concerns after Germany suspended the certification process of the Nord Stream 2 gas pipeline. South…