Tag: South africa prices
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India: South African portside coal prices drop in recent trades, amid lower bids
South African thermal coal prices at Indian ports have seen a drop on a weekly basis by INR 300-400/tonne (t). Prices of RB2 and RB3 at Vizag and Gangavaram were heard at INR 9,650/t and at INR 7,750/t respectively. Subdued long steel demand and falling bids amidst price pressure from sponge players have weighed on…