Tag: Resumption of Chinese buying boosts Indonesian thermal coal prices

*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…