Tag: Russia-Ukraine tension
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India: Sellers withhold portside offers for South African coal as import prices touch all-time high
A sharp rise in imported South African thermal coal prices amid the Russia-Ukraine war has forced major coal sellers into the backseat in order to assess the market situation before floating offers. Small and mid-sized sellers have limited quantity of coal left with them and these were heard selling RB2 (NAR 5500 kcal/kg) coal at…