Robust European demand pushes Richards Bay 5,500 kcal/kg NAR coal to premium

South African 5,500 kcal/kg NAR coal price has swung to premium for the first time ever against the prorated value in comparison to the 6,000 kcal/kg NAR as European demand for thermal coal creeps in amid disruption caused in importing Russian coal, sources told S&P Global Commodity Insights. The coal grade is typically priced at a discount to the 6,000…