Author: Rupesh Nanwani

Indonesian thermal coal prices dropped last week. Low-CV (3400 GAR) coal prices decreased by $0.09/t to $37.31/t, while high-CV (5800 GAR) coal prices were down by $0.09/t to $92.84/t. On the supply side in Indonesia, production quotas were approved on 19 January, 2024. Many Indonesian producers have already received approvals for the current year’s production…