Category: Non Coking
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Indonesian thermal coal prices edge lower at Indian ports amid muted buying
Weak demand and ample availability are keeping prices under pressure Tight power stocks and post-Diwali restocking could support prices Indian portside prices of Indonesian thermal coal softened marginally week-on-week (w-o-w) during the week ended 16 October, as subdued industrial consumption, comfortable spot availability and cautious procurement continued to weigh on market sentiment. Buyers remained largely…