Tag: Indonesian Coal Index
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Indonesian thermal coal prices fall amidst weak Chinese demand
After rising last week, Indonesian thermal coal prices for the different grades fell by $1-5/t this week as Chinese buying interest waned. Prices of 6500 GAR and 4200 GAR coals are currently assessed at $149.8/t and $70.6/t, respectively. Continuous pressure by the Chinese authorities to stablise domestic coal prices is weighing on Indonesian thermal coal…