Tag: Indonesian Grade Coal
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Indonesian Low GCV Steam Coal offers under Pressure
Indonesian 4200 GAR coal, mostly preferred by Indian importers, is being offered at its bottom prices at USD 28/MT FoB. Indonesian imported steam coal, which constitutes about 80% of India’s total imports, is still facing uncertainty as market is reflecting a bearish outlook since last few quarters. The current offers of 4200 GAR have declined…