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Indonesia Lowers September Coal Benchmark Prices

 

September 18, 2023 - Indonesia lowered most of its monthly coal benchmark prices for September, while raising the price for medium rank coal, according to a decree from the Energy and Mineral Resources Ministry.

 

Coal mining in East Kutai, Indonesia.
Coal mining in East Kutai, Indonesia. (Reference image by Consigliere Ivan, Wikimedia Commons.)

Below are the prices for August and July: 

 

Price ($/ton)
Calorific value (kcal/kg) September August
6,322 133.13 179.9
5,300 89.11 84.75
4,100 53.83 57.38
3,400 31.82 31.96