Tag: Indonesia Coal Price
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Indonesian Coal Market Sluggish as China Remain on the Sidelines
Indonesia’s coal market is cooling off amid searing summer as Chinese buyers are holding back purchases, traders said. Offers for 4200 GAR Indonesian coal have come down to USD 45-47/MT, from USD 49/MT in previous weeks. “I think Chinese buyers are backing for a while to cool down. When the prices drop, they will return,”…