DAILY: Indonesian thermal coal to stabilize ahead of RKAB approval

Indonesian thermal coal prices are expected to remain broadly stable until the government finalizes approvals for 2026 Work Plans and Budgets (RKAB), market sources said.

"So far, there has been no official announcement on the delayed RKAB approvals," an Indonesian miner said. "The market is likely to stay steady. Before the permits are finalized, it is difficult to predict any clear direction." He added that prices could face correction once the approvals are fully completed. As