Indonesia revises HBA reference prices in Sep'24

Indonesia's benchmark coal prices, also known as Harga Batubara Acuan (6,322 kcal/kg GAR) increased by 9% m-o-m in Sep'24. HBA prices in Sep'24 were revised to $125.15/t. Prices of the 5,300 kcal/kg GAR grade were recorded at $85.01/t. Prices of 4,100 kcal/kg GAR and 3,400 kcal/kg GAR were recorded at $53.26/t and $35.89/t, respectively.