Tag: 4200 GAR
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Indonesia: 4200 GAR coal premiums rise up to $7/t amid tight supply
Indonesian 4200 Kcal/kg GAR coal offers reached $95/t FOB, a rise in premium by up to $7/t over the index amid tight supply. Heavy rainfall in South Kalimantan slowed down operations, especially of miners producing low-mid CV grades, supporting the price hike. However, no major deal was closed as bids were heard at $90/t, as…