Tag: Indoensia
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Indonesian 4200 GAR coal price rises by $2/t w-o-w
Indonesian ICI4 index for 4200 GAR grade coal has moved up to $52.2/t FoB basis against $50.3/t last week. Indonesian coal prices have been rallying since last two months amid strong demand from China and supply tightness from Indonesia due to ongoing rainy season there. However, demand from India continued to hover at low ebbs…