Tag: HBA Benchmark Price
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Indonesia: HBA coal price rises to 2-year high on strong Chinese demand
Indonesia’s benchmark coal price index, also known as Harga Batubara Acuan, or HBA, rose close to its two-year high of $100.3/tonne (t) in Jun’21, up 12% month-on-month (m-o-m),according to a ministry official. In Oct’18, the HBA price had crossed the $100/t mark to $100.9/t. What is HBA price? The HBA is a month average price,…