Prospects of ADRO, ITMG, and PTBA when Coal Prices Muted

Coal prices are expected to continue their weakening, raising questions about the performance prospects for coal issuers like ADRO, ITMG, and PTBA.

Oktaviano DB Hana, I Putu Gede Rama Paramahamsa
Rabu, 30 April 2025 | 14:45

Bisnis.com, JAKARTA — Coal prices are expected to continue their weakening trend throughout 2025, raising questions about the performance prospects for coal issuers like ADRO, ITMG, and PTBA.

According to Bloomberg data on Monday (28/4/2025), Newcastle coal prices have dropped to $93.75 per ton, the lowest in the past four years.

Bisnis Indonesia Premium Terbaru