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Platts reported that physical thermal coal was up at Richards Bay on increased demand from India.
Platts reported that physical thermal coal was up at Richards Bay on increased demand from India.
As quoted in the market news:
During the morning, a January floating price trade went through the globalCOAL screen at a $1.60/mt premium to the API4 (FOB Richards Bay) index for 25,000 mt, with a European utility heard buying from a producer.