Author: Rupesh Nanwani
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Indonesian thermal coal prices drop amid subdued demand from India, China
Transportation challenges persist in Indonesian mines Overall coal demand in key importing geographies subdued Indonesian thermal coal prices dropped towards last week. Prices of low-CV (3400 GAR) coal decreased by $0.44/tonnes (t), reaching $34.87/t, while high-CV (5800 GAR) coal fell by $1.10/t, settling at $92.92/t. On the supply side in Indonesia, transportation challenges persist in…