Indonesia generated export revenues of US$1.55 billion from mineral fuel (coal) last month, an increase of 10% from October, thanks to over 20% increase in average reference price of thermal coal. Rally in international market triggered the government to set an even higher reference price of US$101.7 per ton for December. The rally ended early this month, but hermal coal recovered in the past few trading days to record 5.5% gain to US$87.55 per ton, based on over-the-counter (OTC) and contract for difference (CFD) financial instruments quoted by To subscribe please click here