Author: Krupa Rawal
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Indonesian thermal coal prices fall amid sluggish demand from China
Indonesia thermal coal prices have been decreasing since the last four weeks. Low-CV coal prices have fallen from $94/t FOB to $83/t, while high-CV coal prices have dropped from $159/t FOB to $142/t. The main factor behind the decline in prices is the New Year holidays in China that has resulted in sluggish demand, while…