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DAILY: Indonesian thermal coal prices extend gains on resilient Chinese demand

Source: Mysteel May 12, 2026 11:05
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Thermal Coal Price
Indonesian thermal coal prices continued to climb on May 11, extending the upward trend seen since early April, as Chinese buyers maintained active procurement for pre-summer stockpiling while Indonesia's tighter supply policy continued to constrain spot availability.
Mysteel assessed Indonesian 3,800 kcal/kg NAR thermal coal at $66.5/tonne FOB Kalimantan on Monday, up $0.5/t from last Friday. The benchmark price has now risen steadily for five consecutive weeks since April 3, when it stood at $60/t, highlighting the strength of the recent rally.   Market sources said offer prices

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