Indonesian RKAB curbs trigger price rally in India's portside non-coking coal market

Portside Indonesian thermal coal prices in India increased sharply on supply tightness after Indonesias final RKAB announcement resulting in an estimated 3040% reduction in production. Constrained availability of material at ports supported hike in prices by INR 100-200/t. BigMint's assessments of portside coal are as follows: 3400 GAR - INR 4,600/t, while 4200 GAR and 5000 GAR prices are at INR 5,800-5900/t and INR 7,400-7,500/t exw.