Author: Rituparna Ghosh

The Indonesian index for high-CV 5800 GAR coal rose by $6.5/t w-o-w to $114/t FoB, while other grades too recorded price hikes on a weekly basis. The rise in prices is majorly attributed to increased domestic demand from Indonesian power utility, Perusahaan Listrik Negara (PLN), which is heard to have less than 10 days of…