Indonesia: Benchmark coal prices drop by nearly 6% m-o-m in May'24

Indonesia's benchmark coal prices, also known as Harga Batubara Acuan (6,322 kcal/kg GAR) decreased by 5.8% m-o-m in May'24. The HBA prices in May'24 revised to $114.06/t. The prices for the 5,300 kcal/kg GAR grade recorded at $91.77/t. The prices for 4,100 kcal/kg GAR and 3,400 kcal/kg GAR recorded at $56.62/t and $36.39/t, respectively.