Tag: 4200 GAR
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Indonesian thermal coal prices plunge by $7/t w-o-w
In today’s ICI4 index, the popular Indonesian 4200 GAR coal has recorded a fall of $7.2/t against last week to $39.5/t, FoB basis. The Indonesian coal price rally came to a halt once the Chinese demand retreated ahead of Lunar New Year holidays. There are also strong rumours in the market that China would once…