Tag: South African

India: Disparity prevails in South African portside coal prices

Jul 6, 2021

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by

Rituparna Ghosh

in Non Coking

Despite an elevated index, Indian buyers are not ready to accept higher offers for South African RB2 (5,500 NAR) grade coal. Subsequently, in a bid to liquidate stocks, a few traders have sold material at Vizag port at INR 7,800/t. At nearby Gangavaram port, trades were heard concluded at around INR 8,000/t.