Indian Demand Spurs Interest in Richards Bay Coal

Industrial Metals

Platts reported that interest from Indian buyers was behind trades in Richards Bay prompt physical coal.

Platts reported that interest from Indian buyers was behind trades in Richards Bay prompt thermal coal.

As quoted in the market news:

A 50,000 mt March-loading deal traded through the globalCOAL screen at $104.75/mt, 20 cents lower than a similar trade done Monday and 85 cents higher than the Platts 90-day assessed price Monday.

Click here to read the full Platts report.

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