ACC of India seeks 200,000t of Richards Bay & Indonesian coal

ACC of India seeks 200,000t of Richards Bay & Indonesian coal
Published: 13 October 2009

Indian cement producer ACC, formerly Associated Cement Companies, has come on to the market for 100,000t of Richards Bay and 100,000t of Indonesian thermal coal for prompt delivery, said an Indian coal market source.

Prices for Richards Bay thermal coal and higher quality Indonesian thermal coal for delivery within the next 90 days have been relatively stable at $60-$61/t during the past week, based on Platts’ price assessments.