Tag: Thermal coal stock

India: South African RB2 coal offers rise amidst falling port stocks

Nov 22, 2021

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by

Rituparna Ghosh

in Non Coking

Portside offers for South African RB2 (5500 NAR) coal rose to INR 10,800/t at Gangavaram compared to INR 10,400/t on 19 Nov’21 amidst a sharp decline in inventory. Stocks at Gangavaram were assessed at 1.35 mn t during 14-18 Nov, down 9% w-o-w, CoalMint notes. The rise in the imported coal index due to lower…