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Indonesian Sets Coal Benchmark Price At USD 81.48 Per Tonne In June 2019

Coal News - Published on Wed, 12 Jun 2019

Image Source: New Scientist
Energy ministry website showed that the Indonesian government has set its coal benchmark price for June at USD 81.48 per tonne, down from USD 81.86 per tonne for May.

Eikon Refinitiv data said that June marked a tenth straight monthly drop for the benchmark price and the lowest price since July 2017.

The Indonesian benchmark price has been under pressure in recent months due to import restrictions in markets like China and India, although the decline rate in June slowed from the previous month's rate

Meanwhile, the HBA is a monthly average of the Argus-Indonesia Coal Index, the Platts Kalimantan 5,900 assessment, the Newcastle Export Index and the globalCOAL Newcastle index from the previous month.

Source :

Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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