Author: Damini Sahu
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Indian portside Indonesian thermal coal prices holds steady despite HBA hike
Ample inventories and muted demand are capping price upside Easing freight are sustaining a weak market tone Indian portside prices of Indonesian thermal coal remained unchanged week-on-week in the week ended 19 December, despite a recent increase in Indonesia’s benchmark HBA prices. The stability reflects ample inventories across calorific segments, subdued spot buying, and a…