Author: Damini Sahu
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India: Portside Indonesian coal prices hold steady amid cautious buying and rising inventories
Global benchmarks exhibit mixed trends Rising inventories cap price gains Indian portside prices of Indonesian-origin thermal coal remained broadly stable week-on-week as of 3 April, after witnessing mild firmness earlier in the week. The market tone softened toward the latter part of the week as industrial demand moderated, prompting buyers to adopt a cautious wait-and-watch…