Tag: 4200GAR
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Indonesian coal prices rise on increased buying interest from China
Indonesian coal prices that had touched new lows this year amid reduced energy demand, have started moving up since the last two weeks. At the start of this week, 4200 GAR Indonesian thermal coal prices have moved up by $1.56/t and is currently assessed at $25.1/t, FoB basis. Market participants are attributing this uptrend to…