Indonesia’s Coal Benchmark Gains Most Since February
This article is for subscribers only.
The Indonesian government raised the reference price for coal sales in December by 8.3 percent from a month earlier, the steepest increase since it was introduced in February, the energy ministry said.
The price benchmark for coal with a gross energy value of 6,322 kilocalories a kilogram was raised to $103.41 a metric ton this month from $95.51 a ton in November, the Directorate General of Coal and Minerals at the energy ministry said in a statement on its website today.