Indonesia: Benchmark coal prices drop by 3% m-o-m in Feb’24

Indonesia’s benchmark coal price, also known as Harga Batubara Acuan (6,322 kcal/kg GAR) drop by 3% m-o-m in Feb’24. The HBA prices in Feb’24 revised to $124.95/t. The prices for the 5,300 kcal/kg GAR grade are recorded at $87.65/t. The prices for 4,100 kcal/kg GAR and 3,400 kcal/kg GAR recorded at $57.86/t and $37.54/t respectively.