Tag: 4200 GAR
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India: Indonesian 4200 GAR coal traded at $92/t FOB
In a confirmed deal, a gearless panamax vessel with Indonesian 4200 kcal/kg GAR grade thermal coal has been sold at $91.5/t FOB for May loading. This marks a $4/t premium over the latest Indonesian coal index released on 14 April. Indonesian miners held stock amid limited cargo availability and weak domestic output. Indian demand gained…