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Indonesia coal benchmark price HBA rises for June

Coal News - Published on Tue, 05 Jun 2018

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Reuters reported that energy ministry spokesman Agung Pribadi said that Indonesia Coal Benchmark Price (HBA) for the month of June is set at USD 96.61 per tonne, up from USD 89.53 in May. He said “The higher HBA was triggered by China's restricted coal production and impact of global oil price increase.”

The HBA is a monthly average of Argus-Indonesia Coal Index (ICI-1), Platts Kalimantan 5,900 assessment, Newcastle Export Index and globalCOAL Newcastle index from previous month.

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Posted By : Amom Remju on Tue, 05 Jun 2018
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