Indonesian ICI4 index prices have corrected marginally for the third consecutive week, with popular grade 4200 GAR coal down by $0.64/t to $36.8/t FoB due to retreated demand from China and India amid esclated freight. Whereas price for the higher grade 6500 GAR has gone up by $0.74/t to $85.5/t FoB due to increased demand and supply shortage of high-CV thermal coal.
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