Author: DURGESH
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Indonesia: HBA shows mixed movements across grades in mid-Nov’25
High-CV prices weaken slightly; mid-CV, low-CV tags rise Demand shifts, utility buying influence price movements Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has released the updated Harga Batubara Acuan (HBA) for the second half of November 2025, revealing a mixed pricing pattern across coal grades. The new data reflects shifting global demand trends, regional…