Author: Rupesh Nanwani
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Indonesian thermal coal export prices drop on subdued demand
*Supply constraints ease due to end of rainy season *Soft demand in key importing geographies Indonesian thermal coal prices dropped towards last week. Prices of low-CV (3400 GAR) coal decreased by $0.20/tonne (t), reaching $34.67/t, while high-CV (5800 GAR) coal fell by $0.94/t, settling at $89/t. On the supply side in Indonesia, constraints in parts…