Tag: thermal coal exports
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South Africa: Thermal coal export shipments drop 9% in Nov’21 as buyers take a backseat
After rising sharply last month, South Africa’s total thermal coal export shipments registered a 9% m-o-m fall to 5.4 million tonnes (mn t) in Nov’21, as volatility in prices compelled key buyers to postpone their major purchases. South African RB1 (6000 NAR) grade prices fell as much as $113/t during mid-Nov’21, before rising to $161.3/t…