The Indonesian ICI4 index for popular grade 4200 GAR coal has inched up by $1.2/t w-o-w and is assessed at $39.8/t, FoB basis. Whereas, the higher grade coal correction marginally by $0.5/t. The freight between Kalimantan to India has surged by $6/ w-o-w to $16/t for supramax amid increased demand and shortage of vessels.
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