Tag: Indonesia Coal Benchmark price

  • Indonesia Cuts Coal Benchmark Price for the Third Time

    Indonesia Cuts Coal Benchmark Price for the Third Time

    Indonesia has lowered coal benchmark price for November to USD 97.90/MT, nearly 3% drop from USD 100.89/MT from October, the country’s Energy and Mineral Resources Ministry said in a statement posted on its website. It was the third time in a row that the government reduced the benchmark price. “Falling China’s coal consumption has caused…