Tag: HBA Price
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Indonesia: HBA benchmark coal price loses steam in March amid reduced demand
The five months rally in Indonesia’s benchmark reference price also known as Harga Batubara Acuan, or HBA has come to a halt in March, recording a drop of 3.8% m-o-m and is assessed at $84.5/t, according to a ministry official. The country’s benchmark price had been moving up since Oct’ 20 amid Chinese ban on…