Tag: South African Non-Coking Coal Prices
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South African Non-Coking Coal Price Deflation Continues Amidst Stiffening Global Competition
South African thermal coal prices have continued on a downward trajectory throughout the year without any favorable uptick in buying interests from international markets. Currently, the API 4 index for coal exported from South Africa’s Richards Bay terminal has further retreated to USD 77.40/MT, down 19.6% from USD 96.25/MT on 1 Jan’19. Offers for the…