Coal reference price for December set at $80.31

Friday, December 6 2013 - 02:41 AM WIB

By Romel S. Gurky

The government announced its coal reference price (HBA) for December 2013 at US$80.31 FOB vessel, higher compared to $78.13 per ton in November.

The HBA is the price cited for the delivery period of December 1-31, the Directorate General of Coal and Minerals said in a statement Friday. Price for term contract is the average HBA over the past three months.

Coal price reference is based on coal with GCV (GAR) of 6,322 kcal/kg.

HBA is calculated from the monthly average of four international coal indices: Indonesian coal index/ ICI 1, Platts-1, New Castle Export Index and Newcastle Global Coal Index.

No BRAND Specification Price (USD/Ton)
CV (kcal/kg GAR) TM (%, ar) TS (%, ar) Ash (%,ar)
1 Gunung Bayan I 7.000 10.00 1.00 15.00 86.19
2 Prima Coal 6.700 12.00 0.60 5.00 86.21
3 Pinang 6150 6.200 14.50 0.60 5.50 77.80
4 Indominco IM_East 5.700 17.50 1.63 4.80 65.69
5 Melawan Coal 5.400 22.50 0.40 5.00 63.39
6 Envirocoal 5.000 26.00 0.10 1.20 59.41
7 Jorong J-1 4.400 32.00 0.25 4.15 47.85
8 Ecocoal 4.200 35.00 0.18 3.90 43.68

Editing by Reiner Simanjuntak

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