Tag: 4200 GAR Prices
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Supply Tightness Favors Indonesian Coal Prices
Rising China’s coal demand drives Indonesian steam coal prices on upside this week, besides supply tightness added some favor on Indonesian index. Indonesian coal index is moving up persistently and hit 16-months high since Apr’15 for Aug’16 loading. Supply tightness of mid CV coal and rising global demand amid lower Indonesian production persistently boosting offers.…