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.

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

Coal fell to 108.35 USD/T on December 1, 2025, down 1.86% from the previous day. Over the past month, Coal's price has fallen 1.14%, and is down 20.33% compared to the same time last year, 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 December of 2025.

The global coal price index reached 145.08 index points in September 2025. This was a decrease 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.

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.

The Indonesian coal market soared to $37.7B in 2024, growing by 40% against the previous year. Overall, consumption enjoyed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Indonesia: Coal production, thousand short tons: The latest value from 2023 is 861190.56 thousand short tons, an increase from 764377.44 thousand short tons in 2022. In comparison, the world average is 50404.68 thousand short tons, based on data from 190 countries. Historically, the average for Indonesia from 1980 to 2023 is 238286.58 thousand short tons. The minimum value, 627.1 thousand short tons, was reached in 1980 while the maximum of 861190.56 thousand short tons was recorded in 2023.

View monthly updates and historical trends for Coal Price Index. Source: International Monetary Fund. Track economic data with YCharts analytics.

The HBA Coal Price Index is a benchmark price for coal transactions in Indonesia. It provides transparency and stability in coal pricing, reducing volatility and ensuring fair pricing for all stakeholders. The index is updated monthly and used by coal producers, traders, end-users, and the Indonesian government to negotiate prices, determine royalty rates, and calculate revenue from coal exports.

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.

Historical dataset showing Indonesia coal usage/consumption by year from 1971 to 2022.

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.

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.

Philippines Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels was US$3.23 Billion during 2024, according to the United Nations COMTRADE database on international trade. Philippines Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels - data, historical chart and statistics - was last updated on December of 2025.

Nepal Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels was US$24.03 Million during 2022, according to the United Nations COMTRADE database on international trade. Nepal Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels - data, historical chart and statistics - was last updated on November of 2025.

Indonesia Producer Price Index: Mining and Quarrying: Coal and Lignite data was reported at 279.430 2016=100 in Mar 2025. This records an increase from the previous number of 267.480 2016=100 for Dec 2024. Indonesia Producer Price Index: Mining and Quarrying: Coal and Lignite data is updated quarterly, averaging 279.430 2016=100 from Mar 2023 (Median) to Mar 2025, with 9 observations. The data reached an all-time high of 509.390 2016=100 in Mar 2023 and a record low of 267.280 2016=100 in Jun 2024. Indonesia Producer Price Index: Mining and Quarrying: Coal and Lignite data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.IC003: Producer Price Index: by Sector: Mining and Quarrying.

Indonesia Exports of coal; briquettes, ovoids and similar solid fuels to Japan was US$3.87 Billion during 2024, according to the United Nations COMTRADE database on international trade. Indonesia Exports of coal; briquettes, ovoids and similar solid fuels to Japan - data, historical chart and statistics - was last updated on November of 2025.

Cambodia Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels was US$522.55 Million during 2024, according to the United Nations COMTRADE database on international trade. Cambodia Imports from Indonesia of Coal; Briquettes, Ovoids and Similar Solid Fuels - data, historical chart and statistics - was last updated on December of 2025.

Indonesia Wholesale Price Index: Mining and Quarrying: Coal Mining data was reported at 107.000 2018=100 in Dec 2023. This records an increase from the previous number of 105.570 2018=100 for Nov 2023. Indonesia Wholesale Price Index: Mining and Quarrying: Coal Mining data is updated monthly, averaging 106.285 2018=100 from Jan 2020 (Median) to Dec 2023, with 48 observations. The data reached an all-time high of 172.070 2018=100 in Jul 2022 and a record low of 68.920 2018=100 in Sep 2020. Indonesia Wholesale Price Index: Mining and Quarrying: Coal Mining data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB009: Wholesale Price Index: by Sector: Mining and Quarrying (Discontinued).