Weekly coal price review: bullish sentiment persists

The thermal coal market overall comes to the bullish sentiment with all the major supplier’s coal prices getting market support except for the world’s largest coal exporter (Indonesia) whose prices continued to dampen for the current week as well. The price of Indonesian coal is not finding support and continues to fall. We may see that it will affect the prices of other origin coal. Although the market has shown some bullishness in the last week, it will not remain for long. European coal-delivered spot prices cool off for the week…