Tag: 5000 GAR
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Indonesia thermal coal prices rebound on tight supply, China demand pick-up
After falling for two consecutive weeks, the Indonesian Coal Index (ICI) for low-calorific value (CV) coal rose by $1.42/tonne (t) for 4,200 GAR and $2.36/t for 5,000 GAR week-on-week (w-o-w). The same are currently assessed at $55.04/t and $79.64/t, FoB basis, respectively. Shipment delays arising out of unforeseen rains in Kalimantan have led to lower…