Supply tightness for specific Indonesian coal grades supports prices

摘要

Prices of specific grades of Indonesian thermalcoal have held stable amid supply tightness as rains hamperproduction at a few mines while implementation of somegovernment regulations have led to vessel queues buildingup at some of the ports, sources said Friday.Several sources said prompt-loading Indonesian 5,000kcal/kg GAR — or 4,700 kcal/kg NAR — coal was hard tocome by as miners did not have coal to offer because severaltonnages had already been snapped up by Chinese buyerslate last year for first-quarter delivery.