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DAILY: Indonesian thermal coal prices steady, freight rates slide

Source: Mysteel Dec 16, 2025 11:25
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Thermal Coal Price
Indonesian thermal coal prices largely held steady on December 15, though downside risks persisted amid extremely weak buying interest from China, market sources said.
On Monday, offers for January-loading Panamax cargoes of Indonesian 3,800 kcal/kg NAR thermal coal were heard around $48/tonne FOB Kalimantan. The 3,400 kcal/kg NAR grade with the same laycan and vessel size was mainly offered at $38.5/t, according to sources.   A South China-based importer reported that a couple of December-loading

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