India boosts Russian coal imports ...News

Russia Today - Economy
India boosts Russian coal imports
source : Russia Today ( News ) () 25
Buyers are taking advantage of hefty discounts due to sanctions Russia has become India’s third largest coal supplier thanks to big discounts offered for the commodity, overtaking other major producers, Reuters reported on Thursday. India's coal imports from Russia jumped to just over 2 million tons in July, the agency said, citing data compiled by price reporting agency CoalMint, which constitutes a 10% month-on-month increase. Russia used to be the sixth-largest coal supplier to India, with Indonesia, South Africa, Australia, the US, alternately featuring in the top five, Reuters says. “Following the sanctions i

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