Tag: Indonesian Coal Offers
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Indonesia Coal Prices Extend Fall as China’s Stockpiles Ample
Indonesian coal prices dropped for the second week as Chinese buyers have yet to return due to sufficient stockpiles, traders said. Prices of Indonesian coal of 4200 GAR was bid at between USD 45.50/MT to USD 47/MT, down from around USD 50-51/MT early this month, two traders said. “Prices are sliding because China has been…