JAKARTA (XINHUA) – The Indonesian Ministry of Energy and Mineral Resources has set mostly higher coal reference prices, known as the coal benchmark price (HBA), for January 2025.
On a monthly basis, the HBA for high-calorie coal with a calorific value of 6,322 kcal/kg GAR rose by 1.22 per cent to USD124.01 per tonne in January, compared to USD122.51 per tonne in the previous month.
The HBA for coal with a calorific value of 5,300 kcal/kg increased by 0.59 per cent to USD83.95 per tonne, up from USD81.59 per tonne in December 2024.
Similarly, the HBA for coal with a calorific value of 4,100 kcal/kg rose by 1.87 per cent to USD52.75 per tonne, compared to USD51.78 per tonne last month.
However, the HBA for coal with a calorific value of 3,400 kcal/kg weakened by 1.64 per cent, falling to USD34.70 per tonne from the previous month’s USD35.28 per tonne.
Coal with the highest calorific value, namely 6,322 kcal/kg, is the reference selling price for the provision of electricity and fuel industry, except for the metal mineral processing and refining industry.
