Tag: 4200 GAR
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India: Indonesian thermal coal being offered at $3/t premium above index
Indonesian thermal coal especially 4200 GAR whose index price is $71.6/t, FoB basis is now being offered to Indian markets at a premium of $3/t. This makes its CNF price at western port in India at around $100/t (INR 7,400/t) for supramax vessel. On the contrary, the domestic coal of equivalent GCV is being traded…