India: South African coal prices decline w-o-w on weak demand, higher domestic availability

South African thermal coal prices at Indian ports declined w-o-w as on 15 April, as per BigMint's assessment. Ex-Paradip RB2 (5,500 NAR) fell by INR 100/t to INR 11,100/t, while RB3 (4,800 NAR) dropped by INR 300/t to INR 9,900/t. The decline was driven by weak buying interest and continued preference for domestic coal due to better availability and competitive pricing, keeping market sentiment subdued.