Tag: Indonesian Coal
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Indonesian 4,200 GAR grade coal prices rise on strong Chinese demand
The Indonesian thermal coal price index for the 4,200 GAR grade rose by $3.9/t to $64.8/t, FoB, on 25 Jun’21, with demand continuing to rise from Chinese power utilities during summer amid sustained domestic coal shortage. On the supply side, rising Covid cases in Indonesia has turned the big miners cautious resulting in increased coronavirus…