Tag: Indonesia thermal coal index

Indonesia: Thermal coal prices fall by $4/t on weak China demand

Dec 30, 2022

—

by

Krupa Rawal

in Non Coking

Indonesian thermal coal prices fell in the range of $1-4/t this week. Prices weakened as rising COVID-19 cases in China weighed on demand for seaborne cargoes. Also, Indian buyers are sufficiently stocked up and demand is subdued. Enquiries from Europe, too, remain muted.