Tag: HBA Benchmark Price
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Indonesian benchmark coal price falls after four months in May
After a sharp rise over the last four months, Indonesia’s benchmark coal price, also known as HBA (Harga Batubara Acuan), declined by 4% m-o-m to $275.6/t for May’22. The fall in prices came amid China’s reduced buying appetite following record coal output and cheaper availability of Russian coal. The benchmark price remains higher by 207%…