Author: Damini Sahu
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India: Portside Indonesian thermal coal market shows divergence amid demand shifts and inventory build-up
High GAR gains on industrial demand; Low GAR softens on oversupply High port stocks and adequate power plant inventories are restraining price upside Indian portside prices of Indonesian-origin thermal coal exhibited a mixed week-on-week trend as of 24 April. Prices of lower GAR coal declined due to ample cargo availability and subdued buying interest, particularly…