Tag: COVID-19
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Indonesian high CV thermal coal prices up amidst supply disruptions due to rains
The Indonesian Coal Index (ICI) for high-calorific value (CV) coal registered an increase of $1.2/tonne (t) for 6,500 GAR and $1.8/t for 5,800 GAR as the same are currently assessed at $96.2/t and $87.8/t, FoB basis. Heavy rains in Kalimantan provinces continued to disrupt production and coal transportation, further tightening the limited Indonesian coal supply in the market and impacting its prices. As per market…