Tag: RB1 prices

India: Limited portside stock lifts South African RB2 prices by INR 700/t w-o-w

Jan 13, 2022

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by

Rituparna Ghosh

in Non Coking

Portside prices for South African RB2 (5500 NAR) grade coal rose by INR 700/tonne (t) this week amidst persistently lower stocks at major ports. Strong demand from sponge iron manufacturers even compelled them to procure more of RB3 (4800 NAR) coal this week besides having booked RB2 for arrivals in the upcoming weeks. With very…