Indonesia's Ministry of Energy and Mineral Resources set its March thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $81.90/mt, down 1.7% from February, but up about 58.7% from a year ago. SEE MORE China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. SEE MORE Polyethylene terephthalate (PET) prices in Latin America increasing for March, driven by higher feedstock costs and the earlier rising trend in other regions, particularly in the US and Asia, regional sources said on Tuesday. SEE MORE Styrene butadiene rubber (SBR) prices in India look set to fall, dragged down by continued slump in the feedstock butadiene (BD) market, amid abundant stocks and tepid demand. SEE MORE Global tailwinds look set to sustain Japan’s modest recovery in 2017, as exports prop up an economy that’s still struggling to stoke domestic demand. SEE MORE