Indonesia raises thermal coal reference prices for H1 Jul, all grades up
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- Thermal Coal
- Indonesia
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Indonesia's Energy and Mineral Resources Ministry on Jul 1 released the Jul 2026 first-half HBA thermal coal reference prices, with all grades seeing further increases from the second half of Jun. The HBA (high 6,322 kcal) reference price was set at $126.58/t, HBA I (high 5,300 kcal) at $90.94/t, HBA II (high 4,100 kcal) at $62.59/t, and HBA III (high 3,400 kcal) at $41.91/t.
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