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Feb5 Indonesia Increases Benchmark Coal Reference Price for February-The 21st China (Guangzhou) Int’l Spring Industry Exhibition
3/3/2020 弹簧展- Spring Industry Exhibition-Spring expo |
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Indonesia has slightly increased its coal reference price known as coal benchmark reference price for February amid the lower supplies and rising demands. The Indonesian Energy and Mineral Resources Ministry set the coal reference price for the month at USD 66.89 per tonne, up 1.45 percent from the price for January. Ministry spokesman Mr Agung Pribadi said “The lower supply of coal in China after the country celebrated the Spring Festival and bushfires in Australia dragged outputs of the commodity. However, demands for coal increase during winter in China, Japan and South Korea.”
The coal price has weakened since September 2018 and for 2019, the Indonesia''s coal reference price only averaged at USD 77.89 per tonne. The Indonesian reference price for thermal coal is the basis for setting up the prices of the country''s 77 coal products and measuring the royalty producers have to pay for each tonne of coal sold.
弹簧展-2020第二十一届广州国际弹簧工业展览会-全球最大弹簧展会-巨浪展览
-The 21st China (Guangzhou) Int’l Spring Industry Exhibition
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