Tag: South African thermal coal market in India
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India: South African thermal coal import prices soften on weak demand
The imported South African thermal coal market at Indian ports weakened this week amid persistently low demand. RB2 (5500 NAR) prices dropped by INR 100/t w-o-w to INR 8,350/t ex-Gangavaram, while RB3 (4800 NAR) remained unchanged at INR 7,200/t. A deal for 16,000 t of RB2 was heard concluded. Offers in Vizag declined by INR…