Tag: Sxcoal
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Indonesian low-CV coal arbitrage widens; Chinese demand stays low
The price arbitrage of Indonesian low-calorific value coal kept widening since the middle of last week, and reached a new high since November, as appetite from its main buyers remained sluggish. The spread of Indonesian 3,800 Kcal/kg NAR coal relative to Chinese domestic coal of same quality hit a new high of 176 yuan/t on…