Tag: South African Non-Coking Coal
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South African Non-Coking Coal Prices Gain on Resurgent Demand in India
The South African thermal coal market appears to be gradually recovering, as Indian demand for Indonesian thermal coal continued to slump on the ground of competitive pricing arbitrage on mid-calorific value coals originated from other origins, especially South Africa. In addition, increased purchases from domestic utility Eskom has further tightened supply of the commonly exported…