Tag: ICI

Indonesian coal prices fall 20% m-o-m in Dec’21 on weak Chinese demand

Dec 21, 2021

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by

Rituparna Ghosh

in Non Coking

The Indonesian Coal Index (ICI) declined by up to 20% on a m-o-m basis in the third week of Dec’21 amidst weak Chinese demand as the coal production there has increased and domestic prices have also fallen considerably. Grade Nov’21 W3 Dec’21 W3 w-o-w change in $/t 3400 GAR 45.7 43.9 -1.9 4200 GAR 70.7…