As of August 2024, the Indonesian Energy and Mineral Resources Ministry has set the country's coal reference price (HBA) at ****** U.S. dollars per metric ton, showing a decrease of over ** U.S. dollars from the same month in 2023. Indonesia is one of the largest producers and exporters of coal worldwide.
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The Indonesian Coal Index (ICI) is a benchmark price for Indonesian coal produced and delivered to export markets. It is calculated based on coal specifications and market conditions. The ICI is used as a reference in contract negotiations, price index monitoring, and investment analysis in the Indonesian coal industry. It provides an indication of the overall price trend and competitiveness of Indonesian coal in the global market.
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Key information about Indonesia Coal Production
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The HBA (Harga Batubara Acuan) is the Indonesian Coal Price Index, which is a benchmark price used for determining the royalty amount that coal producers need to pay to the government. It is also used as a reference for coal contracts and pricing formulas in Indonesia. Learn about its calculation, role in royalty determination, contract negotiations, and importance in promoting fair and transparent pricing in the Indonesian coal industry.
The global coal price index reached 155.41 index points in July 2025. This was an increase compared to the previous month, while the overall fuel energy price index decreased. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtail gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, China, and India are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.
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The Indonesian coal market surged to $37.7B in 2024, jumping by 40% against the previous year. Over the period under review, consumption posted prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
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Coal rose to 111.10 USD/T on August 19, 2025, up 0.09% from the previous day. Over the past month, Coal's price has risen 1.14%, but it is still 23.90% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on August of 2025.
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Coal rents (% of GDP) in Indonesia was reported at 1.2227 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Indonesia - Coal rents (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
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Indonesia Wholesale Price Index: Domestic: Mining and Quarrying: Coal Mining data was reported at 107.000 2010=100 in May 2019. This records a decrease from the previous number of 108.000 2010=100 for Apr 2019. Indonesia Wholesale Price Index: Domestic: Mining and Quarrying: Coal Mining data is updated monthly, averaging 97.130 2010=100 from Jan 2013 (Median) to May 2019, with 77 observations. The data reached an all-time high of 108.000 2010=100 in Apr 2019 and a record low of 87.700 2010=100 in Jun 2016. Indonesia Wholesale Price Index: Domestic: Mining and Quarrying: Coal Mining data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB003: Wholesale Price Index: by Sector: Mining and Quarrying.
In 2020, the average coal reference price (HBA) in Indonesia was at ***** U.S. dollars per metric ton, reaching its lowest point since the past decade as the coal industry in Indonesia has also been affected by the COVID-19 pandemic. The HBA is set by the Indonesian Energy and Mineral Resources Ministry.
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Learn about the factors influencing the price of Indonesian steam coal, including market demand, supply, production costs, and global coal markets. Understand how factors such as demand from major consumers, overall coal demand, production and supply disruptions, and production costs impact the price of Indonesian steam coal. Explore the role of the Indonesian Coal Index (ICI) as a benchmark for pricing, and discover how recent fluctuations and the COVID-19 pandemic have affected the price. Gain insights in
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Indonesia: Coal reserves, million short tons: The latest value from 2023 is 38641.48 million short tons, unchanged from 38641.48 million short tons in 2022. In comparison, the world average is 6752.79 million short tons, based on data from 190 countries. Historically, the average for Indonesia from 2008 to 2023 is 28578.96 million short tons. The minimum value, 4907.48 million short tons, was reached in 2008 while the maximum of 43972.25 million short tons was recorded in 2018.
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The Indonesian Coal Price Reference (HBA) is a monthly benchmark price used by coal producers and buyers in Indonesia. It is based on factors such as coal quality, market conditions, and global coal prices and serves as a reliable indicator of price trends. The HBA promotes transparency and fairness in the coal market and has been widely accepted within the industry since it was introduced in 2009.
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The Indonesian Coal Price Index is a measure of the average price of Indonesian coal that is exported. It is widely used by coal producers, traders, and investors as a benchmark to assess the pricing of Indonesian coal. This article discusses the calculation of the index, its importance in providing transparency and stability in the market, and its role as a reference for coal-related contracts and agreements. Overall, the Indonesian Coal Price Index plays a crucial role in promoting transparency, stability
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Produksi Batubara Indonesia dilaporkan sebesar 775.182 Tonne mn pada 2023. Rekor ini naik dibanding sebelumnya yaitu 687.432 Tonne mn untuk 2022. Data Produksi Batubara Indonesia diperbarui tahunan, dengan rata-rata 103.329 Tonne mn dari 1981 sampai 2023, dengan 43 observasi. Data ini mencapai angka tertinggi sebesar 775.182 Tonne mn pada 2023 dan rekor terendah sebesar 0.400 Tonne mn pada 1981. Data Produksi Batubara Indonesia tetap berstatus aktif di CEIC dan dilaporkan oleh BP PLC. Data dikategorikan dalam Association: Metal and Mining Sector World Trend Plus – Table WB.BP.PROD: Coal Production.
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1134 Global import shipment records of Indonesia Coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Indonesia Wholesale Price Index: Mining and Quarrying: Mining: Coal data was reported at 177.460 2000=100 in Dec 2008. This stayed constant from the previous number of 177.460 2000=100 for Nov 2008. Indonesia Wholesale Price Index: Mining and Quarrying: Mining: Coal data is updated monthly, averaging 105.600 2000=100 from Jan 2000 (Median) to Dec 2008, with 108 observations. The data reached an all-time high of 177.460 2000=100 in Dec 2008 and a record low of 81.060 2000=100 in Dec 2003. Indonesia Wholesale Price Index: Mining and Quarrying: Mining: Coal data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB003: Wholesale Price Index: by Sector: Mining and Quarrying.
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Indonesia SNA: 2008: Implicit Price Index: GDP: Manufacturing: Coal; Oil & Gas Refinery data was reported at 151.160 2010=100 in 2018. This records an increase from the previous number of 140.720 2010=100 for 2017. Indonesia SNA: 2008: Implicit Price Index: GDP: Manufacturing: Coal; Oil & Gas Refinery data is updated yearly, averaging 140.720 2010=100 from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 155.570 2010=100 in 2014 and a record low of 100.000 2010=100 in 2010. Indonesia SNA: 2008: Implicit Price Index: GDP: Manufacturing: Coal; Oil & Gas Refinery data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s National Accounts – Table ID.AD001: Implicit Price Index.
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Learn about the factors that influence Indonesian thermal coal prices, including demand, production levels, transportation costs, and global economic conditions. Discover why Indonesia is a major player in the global thermal coal market despite volatility and environmental challenges.
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Indonesia Exports of coal; briquettes, ovoids and similar solid fuels to Malaysia was US$2.74 Billion during 2023, according to the United Nations COMTRADE database on international trade. Indonesia Exports of coal; briquettes, ovoids and similar solid fuels to Malaysia - data, historical chart and statistics - was last updated on August of 2025.
As of August 2024, the Indonesian Energy and Mineral Resources Ministry has set the country's coal reference price (HBA) at ****** U.S. dollars per metric ton, showing a decrease of over ** U.S. dollars from the same month in 2023. Indonesia is one of the largest producers and exporters of coal worldwide.