Indonesia’s reference coal price (HBA) rose 9.6% month-on-month (m/m) to US$92.03 per metric ton in September 2017, from US$83.97 in August, highest position since December 2016. The strong performance of the coal price is expected to last up to (at least) the end of 2017. This impressive recent performance is mainly attributed to rising coal demand, bad weather conditions, and the weakening US dollar.
