Coal reference price for September at $76.89

Saturday, September 7 2013 - 03:46 AM WIB

By Peni Pedriawan

The government announced its coal reference price (HBA) for September 2013 stands at US$76.89 FOB vessel, higher compared to $76.70 per ton in August.

The HBA is the price cited for the delivery period of September 1-30, the Directorate General of Coal and Minerals said in a statement Saturday. 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 82.49
2 Prima Coal 6.700 12.00 0.60 5.00 82.74
3 Pinang 6150 6.200 14.50 0.60 5.50 74.68
4 Indominco IM_East 5.700 17.50 1.60 4.80 62.93
5 Melawan Coal 5.400 22.50 0.40 5.00 60.93
6 Envirocoal 5.000 26.00 0.10 1.20 57.23
7 Jorong J-1 4.400 32.00 0.25 4.20 46.09
8 Ecocoal 4.200 35.00 0.18 3.90 42.11

Editing by Reiner Simanjuntak

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