Tag: indonesian thermal coal prices
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Indonesian thermal coal prices drop amid sluggish demand from India, China
During the previous week, Indonesian thermal coal prices dropped. Prices of low-CV (3400 GAR) coal decreased by $1.04/tonnes (t), reaching $35.86/t, while high-CV (5800 GAR) coal fell by $1.33/t, settling at $95.08/t. On the supply side in Indonesia, the regions of Sumatra and South Kalimantan have been experiencing unpredictable rain. Consequently, many spot vessels have…