India: Small parcels of Indonesian 5100 GAR coal sold at INR 12,400/t at Kandla Port

Portside prices of Indonesian 5100 kcal/kg GAR coal were at INR 12,400/t, as a few small parcel trades were concluded at Kandla Port. FOB prices of 5100 GAR coal were at $139/t last week, down 3% m-o-m despite stable demand from China. Indian demand for Indonesian coal remains strong amid tight domestic supplies.