Tag: Thermal Coal Offers

South African thermal coal offers remain overpriced after hitting highest level last week. Current offers are assessed at USD 52-53.3/MT, FoB Richards Bay. Contrastingly, higher offers are not finding position in the market. South African coal 5500 NAR, largely preferred by Indian sponge utilities, is being offered at USD 44-45/MT, FoB for Jun’16 and Jul’16…