Tag: South African

South Africa: RB1 prices rise by $19/t in a day amid tighter gas supplies

Jul 26, 2022

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by

Rituparna Ghosh

in Non Coking

South African RB1 (6000 kcal/kg NAR) grade coal prices have risen by $19/t in a day to $321/t FOB. Buying sentiments in the coal market turned strong after Russian energy company Gazprom announced a drastic cut in deliveries to Europe from this week. South African coal exports to Europe have increased since the Russia-Ukraine war…