SteelMint

Tag: Power Generation

  • Indonesian supply squeeze props up Asian thermal coal prices

    Indonesian supply squeeze props up Asian thermal coal prices

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    by

    Yuvraj Chouhan
    in

    Production quota delays, DMO focus cap Indonesian exports Demand remains weak with selective buying by China, India The Asian thermal coal market has remained firm in recent days, but the primary driver has not been a surge in demand. Instead, prices are being supported by significant supply-side constraints originating in Indonesia, the world’s largest exporter…