Author: Damini Sahu
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Indonesia: HBA thermal coal benchmarks extend rally in H1 of Jun’26 amid tight supply, policy uncertainty
Strong regional demand continues to drive bullish momentum Indonesian export reform uncertainty encourages forward buying Indonesia’s Harga Batubara Acuan (HBA) thermal coal benchmarks recorded broad-based gains across all calorific value (CV) categories during the first half of June 2026, supported by tightening spot availability, resilient regional demand, and growing procurement activity from utilities and industrial…