Author: Rupesh Nanwani

Indonesian thermal coal prices displayed varied trends last week. Prices for low-CV (3400 GAR) remained stable at $34.39/tonne (t), while high-CV (5800 GAR) coal increased by $1.36/t, settling at $91.16/t. On the supply side, Indonesian miners were on Ramadan holidays, leading to a temporary slowdown in production. Operations have resumed as miners returned. Some Indonesian…