Tag: Coal Stock
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Indonesian Coal Prices Stable, But Uptrend Expected to Continue
Indonesian coal prices remain stable this week, as cooler temperature prevailing across China has put a lid on the country’s rising thermal coal demand. Moreover, market participants doubt the sustainability of current prices. Indonesian coal index ICI1 (6500 GAR) coal had increased by mere USD 0.51/MT during the week to USD 93.01/MT, compared with the…