Tag: Indonesian prices

Resumption of Chinese buying boosts Indonesian thermal coal prices

Feb 26, 2024

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by

Rupesh Nanwani

in Non Coking

*Chinese demand improves post-Lunar New Year holidays. *Miners trying to liquidate cargoes due to approaching Ramadan. Indonesian thermal coal prices have shown an upward trend in the past week. Low-CV (3400 GAR) coal prices were up by $0.33/t to $36.92/t, while high-CV (5800 GAR) coal prices rose by $0.89/t to $94.26/t. On the supply side…