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.

Coal rose to 112.50 USD/T on July 2, 2025, up 0.63% from the previous day. Over the past month, Coal's price has risen 7.91%, but it is still 16.67% 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 July of 2025.

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

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 global coal price index reached 138.87 index points in May 2025. This was a decrease compared to the previous month, which also reflected a fall in the overall fuel energy price index. 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 curtailing 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, South Korea, and Germany are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

Access monthly energy price assessments for Germany, featuring Coal and other key energy commodities. Coverage includes 10-year price history, current values, short-term forecasts, and market trends. Updated on the 3rd business day of each month, the data offers insights on prices, supply, demand, production, and trade. Available via PDF reports, Excel Add-In, Power BI, and API. Coverage for Indonesia and over 30 other countries is included in Intratec Energy Prices & Markets. Free preview available.

In 2020, the average coal reference price (HBA) in Indonesia was at 58.17 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.

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

The Indonesian coal market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6% through 2033. This expansion is driven primarily by increasing energy demands within the electricity sector, fueled by Indonesia's ongoing infrastructure development and industrialization. The iron and steel industry also significantly contributes to coal consumption, reflecting the nation's growing manufacturing base. While environmental concerns and the global shift towards renewable energy sources pose restraints, the readily available domestic coal reserves and relatively lower production costs compared to international markets continue to support strong market performance. Key players such as PT Adaro Energy Tbk, PT Bumi Resources Tbk, and others are strategically positioned to benefit from this growth, leveraging their established infrastructure and expertise in coal mining and logistics. The “Other Applications” segment, encompassing industries like cement production and chemical manufacturing, represents a notable and steadily growing market niche. The forecast indicates a significant increase in market size by 2033, driven by consistent demand from key sectors. Further analysis reveals a complex interplay of factors influencing the Indonesian coal market's trajectory. Government policies related to energy security and industrial development play a crucial role, alongside global economic conditions and the fluctuating prices of alternative energy sources. The market is expected to witness further consolidation among major players as companies seek to optimize production and enhance their market share. While the transition to cleaner energy sources is inevitable, the relatively low cost and abundant supply of coal in Indonesia suggest that it will continue to play a significant role in the nation's energy mix for the foreseeable future, driving continued market expansion despite challenges. Regional variations within Indonesia might also influence the market dynamics, with some areas showing higher growth rates than others due to localized infrastructure development or industrial activity. Recent developments include: In November 2022, the Indonesian government announced that they would allow the construction of new coal plants, with a combined capacity of 13 gigawatts, that have already been tendered out. The plan is laid out in the country's 10-year energy plan for 2021-2030., In November 2022, the Asian Development Bank and a private power firm announced that they were teaming up to refinance and prematurely retire a coal-fired power plant. The 660-megawatt Cirebon 1 power plant in West Java would be refinanced in a USD 250 million to USD 300 million deal on the condition that it be taken out of service 10 to 15 years before its end 40- to 50-year useful life under a memorandum of understanding.. Notable trends are: Electricity Industry to Dominate the Market.

Comprehensive historical data and future forecasts for Coal prices in Indonesia, crucial for market analysis and strategic planning.

The Indonesia Coal Production Market is segmented by Application (Electricity, Iron and Steel Industry, and Other Applications). The report offers the market size and forecasts for Indonesia Coal Market in revenue (USD Billions) for all the above segments.

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 2023, the cost to generate electricity from coal amounted to 786.89 Indonesian rupiah per kWh. Indonesia is one of the largest producers and exporters of coal. The cost of electricity generated from coal highly depends on the global price of coal.

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.

Referred Coal Price: Price Marker: Indonesia data was reported at 88.850 USD/Ton in Apr 2019. This records a decrease from the previous number of 90.570 USD/Ton for Mar 2019. Referred Coal Price: Price Marker: Indonesia data is updated monthly, averaging 84.760 USD/Ton from Jan 2011 (Median) to Apr 2019, with 100 observations. The data reached an all-time high of 127.050 USD/Ton in Feb 2011 and a record low of 50.920 USD/Ton in Feb 2016. Referred Coal Price: Price Marker: Indonesia data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Global Database’s Indonesia – Table ID.BAF004: Referred Coal Price.

The size of the Indonesia Coal Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.00% during the forecast period. The large coal market in Indonesia holds a significant place in the global energy scheme, placing the country amongst the biggest coal producers and exporters. Large reserves of coal occur mainly in Sumatra and Kalimantan, turning Indonesia into the most important supplier to Asian markets such as China and India. Coal accounts for nearly 60 per cent of the nation's electricity generation as well as powering industrial growth, accounting for a significant share of Indonesia's energy mix. This ultimately supports the effective extraction and movement of coal from the country. The country continues to expand its coal production even though the rest of the world is gradually turning to renewable energy. Usage of coal has been prompted by both internal energy demand and export capacity. The national energy plan is part of government policies aimed at developing the coal industry. Big role in ensuring energy security. It acknowledges the role that coal plays in it. However, there are environmental and increasing pressure on greenhouse gas and resultant talk over sustainable mining practices and a potential transition towards cleaner energy sources. Besides this, notwithstanding all this, the coal market remains a backbone and corner-stone for the economy of Indonesia, adding significantly to GDP, employment, and energy security, while grappling with complexities of the changing global energy landscape. Recent developments include: In November 2022, the Indonesian government announced that they would allow the construction of new coal plants, with a combined capacity of 13 gigawatts, that have already been tendered out. The plan is laid out in the country's 10-year energy plan for 2021-2030., In November 2022, the Asian Development Bank and a private power firm announced that they were teaming up to refinance and prematurely retire a coal-fired power plant. The 660-megawatt Cirebon 1 power plant in West Java would be refinanced in a USD 250 million to USD 300 million deal on the condition that it be taken out of service 10 to 15 years before its end 40- to 50-year useful life under a memorandum of understanding.. Key drivers for this market are: 4., Reduction in Energy Bills Due to Self-Power Consumption4.; Increasing Installation of Solar PV Modules in Residential Segment. Potential restraints include: 4., High Installation Cost as Compared to Rooftop PV Systems. Notable trends are: Electricity Industry to Dominate the Market.

9974 Global exporters importers export import shipment records of Indonesia coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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

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.

Indonesia Referred Price: Mineral: Gold as an associated mineral data was reported at 3,316.690 USD/oz in May 2025. This records an increase from the previous number of 3,056.280 USD/oz for Apr 2025. Indonesia Referred Price: Mineral: Gold as an associated mineral data is updated monthly, averaging 1,792.240 USD/oz from Oct 2017 (Median) to May 2025, with 92 observations. The data reached an all-time high of 3,316.690 USD/oz in May 2025 and a record low of 1,198.590 USD/oz in Oct 2018. Indonesia Referred Price: Mineral: Gold as an associated mineral data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.