Tag: RB2 portside
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India: Portside South African thermal coal prices rangebound as weak demand offsets higher import rates
Despite a sharp rise in imported South African thermal coal prices this week, portside prices of low- to mid-CV grades remained in a tight range as bulk bookings by sponge iron manufacturers were limited. The emergence of new alternate blends in the domestic market has dampened demand for South African coal as elevated global prices…