Indian coal end-users focus on stockpile purchases in muted market

摘要

The Indian market for imported thermal coalremained muted Wednesday as most end-users preferred tobuy from stockpiles, sources said Wednesday.An India-based trader said that there were sufficientstocks at various Indian ports and several end-users werebuying small quantities as per their requirements instead ofbuying full vessels. He added that these stocks containedvarious grades of thermal coal of lower and high CV fromIndonesia and South Africa.