Indonesia raises coal benchmark prices for first half of November
Indonesia raised benchmark prices for 5,300 and 4,100 kcal/kg coal, while the 6,322 kcal/kg grade eased, its energy ministry said, per Reuters.
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what happened
Indonesia raised the benchmark price for coal with a 5,300 kcal/kg heating value to $97.85 per metric ton for the first half of November. According to the energy ministry, the 4,100 kcal/kg grade rose to $69.28 per ton.
All prices except the 6,322 kcal/kg grade increased from the second half of October. The 6,322 kcal/kg grade slipped from $126.81 to $125.60 per ton.
why it matters
Indonesian benchmarks serve as a price reference for part of the coal export trade, so higher prices for mid-calorific grades support exporters' expectations. The drop in the highest-calorie grade shows that price moves were uneven across grades.
market impact
Thermal coal: higher benchmarks for mid-grade coal support exporters' prices
- Thermal coal pressure up — Indonesian benchmarks for mid-calorific grades rose
tags
instruments
sources
- Indonesia sets coal benchmark prices for first half of November — Reuters, 2 November 2026 at 03:48 UTC
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