Tag: South African Coal Prices

Depreciating INR and falling crude oil prices have pulled down South African coal offers to USD 46-48/MT, CFR India. Speaking to importers and end-users, it was assessed that current offers have plunged by USD 1-2/MT; prevailing at USD 46-48/MT, CIF India for Jan’15 deliveries. Indian importers mentioned that coal demand is moderate amid stable sponge…