Govt's coal reference price for December at $81.75

Friday, December 7 2012 - 04:19 AM WIB

By Ruli Setiawan

The government's monthly Coal Price Reference (HBA) for December 2012 stands at US$81.75 FOB vessel, higher compared to $81.44 per ton in November, the Directorate General of Mineral, Coal and Geothermal announced on Friday.

The HBA is the price cited for the delivery period of December 1-31. 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 10.0 1.0 15.0 87.75
2 Prima Coal 6.700 12.0 0.6 5.0 87.67
3 Pinang 6150 6.200 14.5 0.6 5.5 79.11
4 Indominco IM_East 5.700 17.5 1.6 4.8 66.86
5 Melawan Coal 5.400 22.5 0.4 5.0 64.42
6 Envirocoal 5.000 26.0 0.1 1.2 60.33
7 Jorong J-1 4.400 32.0 0.3 4.2 48.59
8 Ecocoal 4.200 35.0 0.2 3.9 44.34

Editing by David Mustakim

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