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Indonesia slightly adjusts thermal coal HBA prices for H1 March

Source: Mysteel Mar 04, 2026 10:05
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Thermal Coal Global Price
Indonesia's Harga Batubara Acuan (HBA) thermal coal reference prices and their derivatives for the first half of March have been set with marginal changes by the Ministry of Energy and Mineral Resources (ESDM) compared with the previous two weeks, 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 $102.37/tonne for this month's first two weeks, it announced, down 0.5% from the $102.87/t the ministry had decided for the grade for the second half of

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