Tag: RB2 portside
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India: South African RB2 coal traded at INR 8,000/t ex-Vizag
Amid limited enquiries, one rake of South African RB2 (5,500 NAR) grade coal was recently sold at INR 8,000/t ex-Vizag, while RB3 (4,800 NAR) coal was sold at INR 6,700/t ex-Gangavaram (excluding cess and GST). Despite the increase in RB1 import prices and subsequent elevated offers for portside stocks, buying interest remains low amid sluggish…