Tag: USA Coal Export
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Coal freights to India soften amid holiday slowdown
Coal freights to India softened w-o-w on subdued sentiment, with lower forward contracts (FFAs), easing bunker prices, and ample prompt tonnage capping rates. Fixing remained rangebound on muted enquiries during holidays, though sentiment is likely to improve. Hay Point-Paradip: Freights were stable at $12.70/dmt RBCT-Paradip: Rates were assessed at $12.08/dmt (-$0.72/dmt w-o-w). East Kalimantan-Navlakhi: Freights…