Tag: Indonesian Coal
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Indonesia: Tight supply, robust Chinese demand keep thermal coal prices high
The Indonesian thermal coal index for high-CV 6500 GAR coal has risen further this week by $2/t, w-o-w, to $140/t FOB amid strong demand from China and tight supplies from Indonesia. Heavy rainfall at key mining regions continued to disrupt loading and coal production. The price of 5800 GAR and 4200 GAR coals also moved…