Indonesia Raises Coal Price for First Month Since June

Bloomberg reported that the reference price for Indonesian power-station coal was raised for the first time since June.

As quoted in the market news:

The benchmark for coal with a gross energy value of 6,322 kilocalories a kilogram was raised to $119.24 a metric ton on a free-on-board basis from $116.26 in September, the Directorate General of Coal and Minerals at the energy ministry said in a statement published on its website yesterday.

Click here to read the full Bloomberg report.