Indonesia sets higher thermal coal HBA prices for H1 January

Source: Mysteel Jan 04, 2026 16:50

Indonesia's Harga Batubara Acuan (HBA) thermal coal reference price and its derivatives, issued by the Ministry of Energy and Mineral Resources (ESDM), have been lifted for the first half of January, Mysteel Global has learned.

Specifically, the ESDM set the HBA for 6,322 kcal/kg GAR coal (TM 12.26%, Sulfur 0.66%, Ash 7.94%) – a high-CV grade – at $103.3/tonne for this month's first two weeks, up 2.5% from the $100.81/t the ministry had decided for the grade for the second half of December, it

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