Indonesian thermal cargoes find favor in Chinese import market

摘要

Tariff-free Indonesian cargoes were meetingstronger interest from Chinese end-users and tradersfrustrated with the 6% tax that goes with Australian andRussian imports, market sources said Tuesday.“We are seeing demand creep higher for Indonesiancargoes which are trading at a $2 premium to similar calorificvalue Newcastle cargoes,” said one trader in Singapore.