Tag: South African Coal Prices
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South African Coal Deals Fronting Heavy Negotiation
South African coal offers range bound at USD 48-49/MT, CFR India owing to lack of cargo availability for Feb’16 shipments. On the other side, heavy negotiations hinders trade. South African 5500 NAR Coal preferred by sponge utilities in India is being offered at the same level because of limited buying interest from India. Weak performing…