Tag: Indonesian Non-Coking Coal
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Indonesian Non-Coking Coal: HBA reference price hits record low in September
Indonesia’s Ministry of Energy and Mineral Resources set its thermal coal reference price (HBA) for September at USD 65.79 per metric ton (MT), the lowest since October 2016. This current reference price is lower by 9.5% on a month-to-month basis, as compared to USD 72.67/MT in the previous month of August 2019. Further, it’s lower by…