Tag: HBA Price
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Indonesia: HBA benchmark coal price up by 2.6% in April amid improved Chinese demand
The Indonesia’s benchmark price benchmark reference price also known as Harga Batubara Acuan, or HBA that saw a correction of 4% last month has recovered by 2.6% m-o-m in Apr ’21 at $86.7/t. Towards March-end, seaborne inquiries for Indonesian coal from China increased due to lower-than expected rains in the country which reduced hydropower availability,…