Tag: thermal coal exports
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South African thermal coal prices surge amid Europe demand as Russia tightens gas supply
South African thermal coal prices, after easing from their March 2022 peak levels, have again rebounded, spurred by a surge in European gas rates as Russia announced that it will curb LNG flows across the region. The July-index for South African RB1 (6000 kcal/kg NAR) grade rose sharply by $42/t d-o-d to $352/t FOB as…