Tag: Portside 4200 GAR

Indonesia: Thermal coal prices up on Chinese buying, Indian demand subdued

Jun 21, 2021

—

by

Rituparna Ghosh

in Non Coking

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…