Tag: Indonesian Benchmark Thermal Coal Price
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Indonesia Cuts Coal Benchmark Price for the Fourth Month
Indonesia has lowered coal benchmark price by 5.51% in Dec’18 to USD 92.51/MT FOB vessel, from USD 97.90/MT in Nov’18, the Energy and Mineral Resources Ministry said in a statement on Wednesday, Dec. 5. It’s the fourth time the government cuts monthly benchmark prices. The monthly coal benchmark price has dropped 14.2% from the highest…