Tag: South Africa
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India: Portside trade of South African RB2 coal remains muted
Portside trade for South African RB2 (5500 NAR) coal remained largely muted today as traders preferred to hold offers higher at INR 11,000/t at Gangavaram after imported prices rose sharply. RB1 (6000 NAR) prices were at $158/t FOB on 23 Nov’21, up $11/t d-o-d. Lower stock at major ports prompted traders to hold offers amidst…