Indonesia sets coal benchmark price at highest in a decade

  • The price is 14.97% higher than June's benchmark price and the highest since the $117.6 per tonne in May 2011
05 Jul, 2021

JAKARTA: Indonesia set its coal benchmark price higher in July at $115.35 per tonne, an official document published by its energy and minerals ministry showed on Monday.

The price is 14.97% higher than June's benchmark price and the highest since the $117.6 per tonne in May 2011, Refinitiv data showed.

The document did not show what accounted for the price jump. An energy ministry spokesman told Reuters that a statement will be issued later on Monday.

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