Indonesia slightly adjusts thermal coal HBA prices for H2 March

Compared with this month's first half, Indonesia's Harga Batubara Acuan (HBA) thermal coal reference prices and their derivatives for the second half of March have been set with minimal changes by the Ministry of Energy and Mineral Resources (ESDM), 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 $103.01/tonne for this month's second two weeks, it announced, up 0.6% from the $102.37/t the ministry had decided for the grade for the first half of