Indonesia sets coal benchmark price at highest in a decade - Reuters

Coal barges are pictured as they queue to be pulled along Mahakam river in Samarinda, East Kalimantan province, Indonesia, August 31, 2019. Picture taken August 31, 2019. REUTERS/Willy Kurniawan

JAKARTA, July 5 (Reuters) - 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.

Reporting by Bernadete Christina Munthe and Fathin Ungku; Editing by Martin Petty

Our Standards: The Thomson Reuters Trust Principles.

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