Tag: Russia sanction

South Africa: Strong demand lifts RB1 coal prices further by $25/t

Apr 13, 2022

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by

Rituparna Ghosh

in Non Coking

South African RB1 (6000 kcal/kg NAR) coal prices continued to gain momentum as prices for Apr’22 contracts rose by $25/t d-o-d to $308/t FOB on 12 April, while prices for May contracts rose by $22/t d-o-d to $310/t. The rally in prices comes in the backdrop of increased demand from Europe and Japan which have…