Author: Rituparna Ghosh
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Indonesia: Robust China demand propelling high-grade thermal coal prices
At a time of depleting coal stocks at Chinese power utilities, there has been a flurry of enquiries for imported coal from China that have bolstered the Indonesian mid-CV 5000 GAR grade coal price by $5/t w-o-w to $105.7/t FoB. Prices of 6500 GAR coal, too, increased to $127/t FoB, while the index prices of…