Tag: South Africa. RB1 coal
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South Africa: The curious case of escalating thermal coal prices in CY’21
The rally in S.African thermal coal prices does not seem to be losing steam as RB1 (6000 NAR) thermal coal prices have risen 28.7% from $87.67/t in Jan’21 to $112.8/t at present (as on 4 June’21). Key factors driving the rally: Increased interest from China: China is emerging as one of the key buyers of…