Author: Damini Sahu
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Asia thermal coal: Indonesian supply tightening begins to influence procurement
Low and mid-CV coal: bullish bias on Indonesian supply risk High-CV coal: range-bound due to Atlantic oversupply Market Developments Asian thermal coal markets firmed at the low- and mid-calorific value (CV) end, even as high-CV benchmarks remained range-bound. Spot physical prices in Indonesia and Australia edged higher, while financial contracts recovered mid-week following earlier losses.…