Tag: RB3

India: RB2 grade thermal coal stock and sale offers inch down amid sluggish demand

Sep 10, 2020

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by

Aditi Tiwari

in Non Coking

Key Highlights —Stock and sale offers for RB2 (5500 kcal/kg) grade thermal coal at Indian ports have moved down by INR500-100/t w-o-w basis. —The current offers at Gangavaram port are heard at INR 4,500-4,600/t, Krishnapatnam port at around INR 4,700/t and Haldia port at INR 5,300-5,400/t. —The key reason for price drop is lacklustre demand…