Indonesia lowers H2 Feb thermal coal reference prices amid production quota uncertainty

Indonesia has lowered its thermal coal reference price, or Harga Batubara Acuan (HBA), for all grades for the second half of February, according to the Ministry of Energy and Mineral Resources’ website Feb. 16, following uncertainty surrounding Indonesia’s 2026 production quotas, and fewer deals amid limited supply. The price of 6,322 kcal/kg GAR thermal coal, which has traditionally served as theIndonesia has lowered its thermal coal reference price, or Harga Batubara Acuan (HBA), for all grades for the second half of February, according to the Ministry of Energy and Mineral Resources’ website Feb. 16, following uncertainty surrounding Indonesia’s 2026 production quotas, and fewer deals amid limited supply. The price of 6,322 kcal/kg GAR thermal coal, which has traditionally served as theRead More