India: Coal freights show mixed trends w-o-w; fixtures remain muted on Indonesia, South Africa routes
Coal freights to India were mixed w-o-w, with mild sentiment improvement on higher Australia fixtures, a firmer Baltic index, and rising bunker prices. However, the lack of fixing on South Africa-India and Indonesia-India routes kept the outlook cautious.
- Hay Point-Paradip: Freights stood at $15/dmt (+$1.2/dmt w-o-w)
- RBCT-Paradip: Rates were assessed at $13.7/dmt (+$0.4/dmt w-o-w)
- East Kalimantan-Navlakhi: Freights were assessed at $10.6/dmt (-$0.2/dmt w-o-w)
