Just so you know IndonesianCoalSuppliers.com also accepts new inquiries for iron ore, nickel, and mangan. Indonesia is a very rich country although coal is still our primary business. There have been tons of demands for iron ore and nickel recently. As usual, regarding price, please mention your target price in the LOI as it’s the most common standard business procedure nowadays.
Also, it seems in the past few months we’ve got a lot of 6300/6100 inquiries for coal. The price for 6300/6100 is quite high nowadays considering solar price keeps raising up as well. It’s already more than $80 for 6300/6100 GCV ADB (blend). A lot of people still ask if they can get it at $77 or even $75. Actually it’s a bit ridiculous because it was December’s price. Again we won’t open the price as our miners’ price usually is the same with others. You won’t find much difference nowadays. Let’s say today’s price for 6300/6100 is $85 then for sure anywhere you will find the same price (or even if there’s any difference, it won’t be more than $1). Usually if you happen to find miners who can offer last month’s price, it’s a fake buyer for sure.
I also want to state that most buyers simply don’t understand that demand is way way higher than supply. There are way more inquiries that we are processing right now compared to how many ready mines we have at the moment. This imbalance makes it hard for the price to keep stable (it keeps rising up). 95% of buyers fail to find reliable supplier because they can only put pressure on legitimate miners and eventually go on with “tricky” miner whom can supply at cheap price. I won’t tell you that our miners’ price is the cheapest but for sure they are legitimate.