Category: Non Coking

  • Indonesian thermal coal prices edge lower at Indian ports amid muted buying

    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…