Indonesia’s thermal coal benchmark hits 6 month low

Indonesia’s thermal coal benchmark, the Harga Batubara Acuan (HBA), has hit a six-month low, settling at $ 114.43/mt in November 2024 for coal with a calorific value of 6,322 kcal/kg. This price reflects a steep descent from $ 131.17/mt in October 2024 and $ 139.80/mt in November 2023. The November figure signals a sharp decline, shedding $ 16.74/mt, or 13%, […]