HBA coal reference price down to $75.46

Monday, June 5 2017 - 04:12 PM WIB

By Romel S. Gurky

The government sets its coal reference price (HBA) for June 2017 at US$75.46 per ton FOB, down from $83.81 per ton set in April 2017.

The HBA is the price cited for the delivery period of June 1-3o. Price for term contract is the average HBA over the past three months, the Directorate General of Coal and Mineral said in a statement on Monday.

Coal reference price is based on coal with CV (GAR) of 6,322 kcal/kg. It is calculated based on 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 (%) TA(%,ar) Ash (%,ar)
1 Gunung Bayan I 7,000 10.00 1.00 15.00 80.94
2 Prima Coal 6,700 12.00 0.60 5.00 81.29
3 Pinang 6150 6,200 14.50 0.60 5.50 73.38
4 Indominco IM_East 5,700 17.50 1.63 4.80 61.77
5 Melawan Coal 5,400 22.50 0.40 5.00 59.90
6 Envirocoal 5,000 26.00 0.10 1.20 56.32
7 Jorong J-1 4,400 32.00 0.25 4.15 45.36
8 Ecocoal 4,200 35.00 0.18 3.90 41.46

Editing by Alexander Ginting

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