The index for high grade 5000 GAR coal used primarily by the power sector has risen by $8.8/t w-o-w, highest amongst all other grades and is assessed at $62.02/t FoB. The popular grade 4200 GAR coal is up by $5/t w-o-w at $41.1/t FoB, while offers are at a premium of $4-5/t above the index. Colder winters in China, domestic shortage, and supply concerns in Indonesia is driving up the Indonesian coal prices since past few weeks.
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