Tag: RB1 price
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South Africa: RB1 coal prices rise by $14/t as Russia-Ukraine crisis deepens
South African RB1 (6000 NAR) grade coal prices for Mar’22 contracts have risen to $195/t FOB on 22 Feb, up $14/t d-o-d as natural gas prices surged following the EU’s sanctions on Russia. In fact, Germany has halted approval for Russia-owned Nord Stream 2 gas pipeline running under the Baltic Sea from Russia to Germany,…