Tag: RB2 Coal price

India: South African thermal coal prices shoot up on supply pressure

Mar 18, 2021

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by

Aditi Tiwari

in Non Coking

South African RB2 (5500 NAR) grade thermal coal prices in India, which had stagnated for a month at INR 5,500/t, shot up this week to INR 6,100/t. The reason behind the escalation is majorly due to shortage of thermal coal at RBCT port amid disruption of Transnet’s rail services, market participants informed CoalMint. Transnet troubles…