Tag: Indonesian Coal
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Indonesia: Coal prices rise on tight supply, strong Chinese demand
The Indonesian Coal Index (ICI) for all grades rose last week on continued tight supply in the country alongside increased enquiries from China following heavy rains. Prices for the 5,800 GAR high-calorific value (CV) coal rose by $3.4/tonne (t) to $105.6/t, while those of the 6,500 GAR increased by $3/t w-o-w to $116.1/t, FoB. Prices…