Indonesian 4,200 GAR grade coal for a Jul’21 loading cargo has been booked at $67/t, FOB Kalimantan, as per CoalMint reports. Prices for 4,200 GAR grade coal have risen by $10/t m-o-m and $46.9/t since Jan’21. The supply of Indonesian coal has been tight over the last few months, with Chinese traders opting for imported coal. While demand keeps trending up during the summer months, the domestic supply gap has continued to widen.
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