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Govts coal reference price for April at $88.56

The governments monthly Coal Price Reference (HBA) for April 2013 stands at US$88.56 FOB vessel, lower compared to $90.09 per ton in March, the Directorate General of Mineral and Coal announced on Wednesday.

The HBA is the price cited for the delivery period of April 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/Ton)
CV (kcal/kg GAR) TM (%, ar) TS (%, ar) Ash (%,ar)
1 Gunung Bayan I 7.000 10.0 1.0 15.0 95.13
2 Prima Coal 6.700 12.0 0.6 5.0 94.57
3 Pinang 6150 6.200 14.5 0.6 5.5 85.31
4 Indominco IM_East 5.700 17.5 1.6 4.8 72.36
5 Melawan Coal 5.400 22.5 0.4 5.0 69.32
6 Envirocoal 5.000 26.0 0.1 1.2 64.66
7 Jorong J-1 4.400 32.0 0.3 4.2 52.10
8 Ecocoal 4.200 35.0 0.2 3.9 47.45

source www.petromindo.com

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