Tag: Portside 4200 GAR
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Indonesia: Thermal coal prices up on Chinese buying, Indian demand subdued
The rally in Indonesian thermal coal prices doesn’t seem to be losing steam. The Indonesian Coal Index (ICI) for the low-calorific value (CV) material rose by $3.3/tonne (t) for the 4,200 GAR grade and $1.8/t for the 5,000 GAR w-o-w. The same are currently assessed at $61.75/t and $85.62/t, FoB, respectively. The index for the…