Tag: Indonesian Coal
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Indonesian thermal coal prices rise as China seen stepping up purchase
The Indonesian Coal Index (ICI) for low-calorific value (CV) coal rose by $3.4/tonne (t) for 4,200 GAR and $4.16/t for 5,000 GAR week-on-week (w-o-w). The same are currently assessed at $58.44/t and $83.80/t, FoB basis, respectively. The index for high-calorific value (CV) coal also rose by $4.28/t for 6,500 GAR to $103.99/t, FoB. Prevailing tight…