Intel Details

India: Portside prices of South African RB2 coal fall by INR 1,000/t

Non Coking
29 Nov 2021, 18:43 IST
Steel Mint Intel

Portside prices of South African RB2 (5500 NAR) grade coal declined by INR 1,000/t, w-o-w, with 4,000 t reportedly sold at INR 11,300/t at Vizag port. Uncertainty surrounding the new Covid-19 strain in South Africa has pulled down RB1 (6000 NAR) prices to $150/t on 29 Nov'21, down $10/t w-o-w. However, lower stock at RBCT port has limited the prospect of any major correction in prices.

29 Nov 2021, 18:43 IST
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