Indonesia lifts most thermal coal HBA prices for H1 February

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 mostly lifted for the first half of February, 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 $106.11/tonne for this month's first two weeks, it announced on February 1, up 2% from the $104.03/t the ministry had decided for the grade for the