Indonesia's coal miners want higher 2022 output target: …
On the back of prevailing global demand-supply dynamics amid the Russia-Ukraine war, Indonesian miners expect coal prices to stay above that of 2021 throughout 2022. The Indonesian 4,200 kcal/kg GAR price averaged $67.99/mt FOB in 2021, according to data by S&P Global. As of May 19, the grade's average 2022 price was $88.21/mt FOB.