Tag: stock
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India: Portside prices of RB2 slip as buyers go on the back foot
The portside prices of South African RB2 (5500 kcal/kg NAR) coal seems to be oscillating since the start of Dec ’20. While the API4 index has been moving up over the past one month, the trend is not visible for S.African coal in the Indian market. Starting this week, RB2 coal prices have seen a correction of INR 200-300/t. In confirmed deals heard by CoalMint, about…