Indonesia Coal Benchmark Price Gains for Fourth Month
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Indonesia increased the reference price for coal sales for the fourth straight month, raising it by 8.7 percent in January, the Ministry of Energy and Mineral Resources said.
The benchmark for coal with a gross energy value of 6,322 kilocalories a kilogram was set at $112.4 a metric ton this month from $103.41 a ton in December, the Directorate General of Coal and Minerals at the energy ministry said in a statement on its website.