Tag: Indonesian Portisde
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India: Portside trades for Indonesian thermal coal turn sluggish as end-users slash production
With heavy rainfall in several parts of India, portside trading of Indonesian coal has turned sluggish. Amid supply issues, many domestic end-users of Indonesian coal, other than those in the power sector, have reduced production capacities. There are concerns related to rake allotment, long vessel waiting period at ports, and weak domestic demand that…