HBA coal reference price up to $83.97

Monday, August 7 2017 - 02:08 AM WIB

The government sets its coal reference price (HBA) for August 2017 at US$83.97 per ton FOB, higher than $78.95 per ton set in July 2017.

The HBA is the price cited for the delivery period of August 1-31. 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 90.15
2 Prima Coal 6.700 12.00 0.60 5.00 89.92
3 Pinang 6150 6,200 14.50 0.60 5.50 81.13
4 Indominco IM_East 5,700 17.50 1.63 4.80 68.65
5 Melawan Coal 5,400 22.50 0.40 5.00 66.02
6 Envirocoal 5,000 26.00 0.10 1.20 61.74
7 Jorong J-1 4,400 32.00 0.25 4.15 49.74
8 Ecocoal 4,200 35.00 0.18 3.90 45.35

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Editing by Reiner Simanjuntak

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