Tag: South African Non-Coking Coal Prices
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South African Non-Coking Coal Market Struggles with Depressed Demand from India
South African thermal coal prices have fallen marginally by around USD 3-5/MT in this week, primarily owing to subdued buying interest in India and constantly falling demand in the global market. Currently, the API 4 index for coal exported from South Africa’s Richards Bay terminal has also retreated to USD 79.60/MT, down 17.3% from USD…