Tag: high-CV coal

Indonesia: HBA thermal coal prices see mixed movements in early Nov’25

Nov 1, 2025

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by

DURGESH

in Non Coking

High-CV coal weakens, lower grades show resilience Outlook stable amid moderate price adjustments The Indonesian Ministry of Energy and Mineral Resources (ESDM) has announced its revised Harga Batubara Acuan (HBA) — the country’s benchmark thermal coal price index — for the first half of November 2025. The latest update reflects mixed market sentiment, driven by…