Indonesia Thermal Coal Benchmark Price Slashed

Industrial Metals

Bloomberg reported that benchmark thermal coal prices in Indonesia were cut to a 16-month low.

Bloomberg reported that benchmark thermal coal prices in Indonesia were cut to a 16-month low.

As quoted in the market news:

Coal (CLSPAUNE) with a gross heating value of 6,322 kilo-calories per kilogram cost $105.61 a ton on a free-on-board basis, down about 6.4 percent from $112.87 a ton in March, the Directorate General of Coal and Minerals at the ministry said today in a statement on its website.

Click here to read the full Bloomberg report.

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