Coal news and updates

Indonesian coal offered at $56.50/ton FOB

September 26: A leading brokerage firm offered 4,700 Kcal/kg (ARB) Indonesian coal for loading in the second half of October at $56.50 per ton FOB Indonesia.

The brokerage, Marex Spectron’s offer on behalf of a leading seller is for loading of 65,000 tons of material in gearless vessel.

The material has typical TM (ARB) of 24%, IM of 13%, Ash (ADB) of 8%, VM of 40% and sulphur of 0.8% with HGI of 45 and in size of 50mm.