Tag: RB2 portside
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India: Portside RB2 prices rise by INR 1,200/t amid advance bookings, limited stock
Portside prices of South African coal have risen further by INR 1,200/t w-o-w to INR 15,000/t for vessels arriving in early-Feb’22 at Gangavaram Port. The rise is on account of persistently lower stock levels at major ports which have compelled sponge iron manufacturers to make advance bookings. A sharp $21/t w-o-w rise in imported coal…