Govt's coal reference price for June at $96.65

Tuesday, June 5 2012 - 07:09 AM WIB

By Romel S. Gurky

The government's monthly Coal Price Reference (HBA) for June 2012 stands at US$96.65 FOB vessel, lower compared to $102.12 per ton in May, the Directorate General of Mineral, Coal and Geothermal announced on Tuesday.

The HBA is the price cited for the delivery period of June 1-30. 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/Tons)
CV (kcal/kg GAR) TM (%, ar) TS (%, ar) Ash (%,ar)
1 Gunung Bayan I 7.000 10.0 1.0 15.0 103.89
2 Prima Coal 6.700 12.0 0.6 5.0 102.78
3 Pinang 6150 6.200 14.5 0.6 5.5 92.69
4 Indominco IM_East 5.700 17.5 1.6 4.8 78.90
5 Melawan Coal 5.400 22.5 0.4 5.0 75.14
6 Envirocoal 5.000 26.0 0.1 1.2 69.80
7 Jorong J-1 4.400 32.0 0.3 4.2 56.26
8 Ecocoal 4.200 35.0 0.2 3.9 51.16

Editing by David Mustakim

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