Tag: 4200 GAR
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Indonesia: 4200 GAR coal premiums rise by $5/t
A supramax vessel of Indonesian 5000 Kcal/kg GAR coal has been booked at $137/t, fetching a premium of $5/t over the index. Amid renewed Chinese demand and tight Indonesian coal supply, miners are offering the material only at premiums. Prices are likely to rise in the upcoming winter season as Covid-19 outbreak in China has…