Author: Rituparna Ghosh
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Indonesia: High-CV thermal coal prices rise further on supply tightness
The index for Indonesian high-CV 5800 GAR coal rose by $1.7/t w-o-w to $116/t FoB, while prices of 6500 GAR coal increased by $2.7/t on week to $125/t FoB. Coal producers in Indonesia are grappling with tight domestic supplies amid rising Covid-19 cases in that country. However, a sharp rise in prices was capped with…