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Indonesia Lowers September Coal Benchmark Prices


September 18, 2023Indonesia lowered most of its monthly coal benchmark prices for September, while raising the price for medium rank coal, according to a decree from the Energy and Mineral Resources Ministry.


Coal mining in East Kutai, Indonesia. (Reference image by Consigliere Ivan, Wikimedia Commons.)

Below are the prices for August and July: 


Price ($/ton)
Calorific value (kcal/kg) September August
6,322 133.13 179.9
5,300 89.11 84.75
4,100 53.83 57.38
3,400 31.82 31.96