(Reuters) - Indian trading companies are trying to delay the purchase of more prompt-loading South African coal cargoes until freight rates fall $2-$3 a tonne lower, they said on Monday.
Indian importers of South African coal have been trying to juggle FOB coal costs and freight rates since January, aiming for a combined cost close to $80 a tonne, often without success, they said.
Read more at Reuters Africa
Indian importers of South African coal have been trying to juggle FOB coal costs and freight rates since January, aiming for a combined cost close to $80 a tonne, often without success, they said.
Read more at Reuters Africa
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