Tag: 5800 GAR coal
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Indonesian thermal coal index rises further by $5/t on active Chinese buying
Indonesia’s ICI4 index increased by $4.8/t for the 5800 GAR grade coal while the popular grade 4200 GAR is up by $2.2/t w-o-w basis. Indonesian thermal coal prices that touched its lows in 2020, are now soaring high amid the changed trade dynamics. As China imposed an indefinite ban on Australian thermal coal imports towards…