Tag: RB1 prices
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India: South African thermal coal imports get costlier as RBCT faces logistic challenges
A series of logistic constraints at Richards Bay Coal Terminal (RBCT) has not only impacted South African thermal coal prices but is also adding to the costs of imports for the buyers. RB1 (6000 kcal/kg NAR) grade coal prices have traded above the $300-tonne (t)-mark over the last three weeks. The damages caused by the…