Category: Non Coking
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India: Portside Indonesian thermal coal market strengthens amid cargo tightness, currency pressure
Tight Indonesian supply and rupee weakness supported higher Indian coal prices RKAB quota uncertainty kept market sentiment cautious Indian portside prices of Indonesian-origin thermal coal witnessed a sharp week-on-week increase as of 8 May 2026, with gains of INR 200-400/t recorded across major grades. The uptrend was primarily driven by the continued depreciation of the…