Tag: 4200 GAR
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Indonesian Steam Coal Offers Weaken over Supply Glut
Indonesian steam coal prices have fallen again this week by USD 1-2/MT, surrounded with oversupplied and weak global market. Moderate demand coupled with oversupplied coal market has already dragged down Indonesian coal index to the bottom. This week also offers fell by about USD 1-2/MT for Decβ15 loadings. Indonesian 4200 GAR, mostly traded to India,…