Tag: RB2 portside
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India: Portside South African thermal coal prices ease marginally mirroring import rates
Portside prices of South African thermal coal have eased by INR 500-700/t w-o-w, mirroring a similar trend in imported rates, and limited bulk bookings due to the ongoing monsoon season. The emergence of new alternate blends in the domestic market has further given new bargaining power to sponge iron manufacturers, exerting pressure on portside South…