Indonesia’s benchmark coal price, also known as Harga Batubara Acuan (6,322 kcal/kg GAR) drop by 12.15% m-o-m in Mar’24. The HBA prices in Mar’24 revised to $109.77/t. The prices for the 5,300 kcal/kg GAR grade are recorded at $88.77/t. Prices for 4,100 kcal/kg GAR and 3,400 kcal/kg GAR recorded at $56.83/t and $37.60/t respectively.
