Indonesia's coal base price has risen the most since February

International Energy Network News: According to Bloomberg News on December 8, the Indonesian Ministry of Energy pointed out that the Indonesian government has increased the reference price for coal sales in December from the previous month by 8.3%, which is the largest increase since the reference price was implemented in February.

According to the government's base price, the coal price for calorific value of 6322 kcal in December was raised to US$103.41/t, while in November it was US$95.51/t.

After Indonesia was ranked as Australia, it was the second largest coal exporter in the world.

 

December

November

October

September

August

proposed price

103.41

95.51

92.68

90.05

94.86

Monthly change %

8.27

5.07

1.85

8.27

5.07


Note: The percentage change is calculated by Bloomberg. The price refers to the average value of the Newcastle Coal Export Index and the Global Coal NEWC Index of the previous month. The average price reference for the past three months is the one-year contract price for the next year. The reference price does not include shipping costs.

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