Indonesian thermal coal prices were stable on Monday with no
reported trades ahead of holidays this week in China.
However, demand from China is expected to improve in July as
the approaching summer is expected to lead to lower hydroelectric power
generation and higher need for electricity, said market players from Indonesia.
Rains in Kalimantan continue, but it is not heavy enough to
impact production, source said.
Platts assessed the daily 90-day prices for FOB Kalimantan 5,900 kcal/kg GAR at
$90.25/MT, and 5,000 kcal/kg GAR at $70.50/MT, slightly changed from Thursday.
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