Indonesia’s Ministry of Energy and Mineral Resources has set its May thermal coal reference price — also called Harga Batubara Acuan, or HBA — at $275.64/mt, down $12.76/mt from April, due to an increase in world coal supply. China and India, the world’s two biggest coal consumers, increased their domestic coal production to reduce imports. …
The post Indonesia sets May HBA thermal coal price at $275.64/mt, down $12.76/mt on month first appeared on Hellenic Shipping News Worldwide.
Author: C...