Tag: RB1 prices
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South African thermal coal prices rise by $27/t, w-o-w, on surging gas prices
South African RB1 (6000 NAR) coal prices rose to $187/t on 26 Jan’22, up $27/t w-o-w. The surge owes to the rise in natural gas prices in Europe over supply concerns from Russia, which is likely to increase the EU’s reliance on coal. Brewing political tensions between Russia and Ukraine may attract US sanctions on…