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Business & Economics

Indonesia to use its benchmark coal price for transactions from March 1

Reuters
Summary
Nutrition label

81% Informative

Indonesia will start using its government-set benchmark coal price as the floor price for transactions starting from March 1 .

Indonesia currently uses the government benchmark price to calculate royalty fees for coal miners.

Energy minister Bahlil Lahadalia said earlier this month that the government would require coal companies to use the HBA as the benchmark for global transactions.

VR Score

92

Informative language

98

Neutral language

70

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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