Tag: Indonesian Coal
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Indonesia: Rising Covid cases, China floods push up high CV thermal coal prices
The Indonesian Coal Index (ICI) for all grades rose sharply last week amid robust coal demand in China and lower availability of cargoes from Indonesia. Constrained global supply of high CV coal also lifted the Indonesian 6,500 GAR grade price to $119.3/t, FoB, up 12.4% m-o-m. Indonesian coal prices Grade Jul’21 W2 Jul’21 W3 w-o-w…