Indonesian 4200 GAR coal index up by $1/t w-o-w

Moving up for the third consecutive week, Indonesian 4200 GAR grade coal index is  assessed at $26.03/t FoB basis. This rise in the index can be attributed to reduced production and increased bookings from major importers of Indonesian coal – China and India. The CIF India price is at around $35.03/t (for west coast).