Tag: Indonesia Coal Price
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Indonesia thermal coal prices remain elevated even as China buyers retreat
Indonesian coal prices continue to remain elevated with high-calorific value (CV) rates moving up further by $2/tonne (t) on a w-o-w basis despite Chinese buyers (the top purchaser of Indonesian coal) taking a backseat. The price escalation sustained majorly due to heavy rains in the country that has led to tight domestic coal supply. Torrential…