Author: Damini Sahu
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Indonesia coal benchmarks HBA show mixed trend as demand shifts toward lower-CV grades
Stronger demand for lower-CV coal driven by cost-conscious Asian utilities Higher-CV coal under pressure amid cautious buying and ample supply The thermal coal benchmark prices released by Indonesia’s Ministry of Energy and Mineral Resources (Ministry of Energy and Mineral Resources (ESDM)) for the first half of April 2026 indicate mixed price movements across calorific value…