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Govts coal reference price for May at $85.33

The governments monthly Coal Price Reference (HBA) for May 2013 stands at US$85.33 FOB vessel, lower compared to $88.56 per ton in April, the Directorate General of Mineral and Coal announced on Monday.

The HBA is the price cited for the delivery period of May 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 91.63
2 Prima Coal 6.700 12.0 0.6 5.0 91.30
3 Pinang 6150 6.200 14.5 0.6 5.5 82.37
4 Indominco IM_East 5.700 17.5 1.6 4.8 69.75
5 Melawan Coal 5.400 22.5 0.4 5.0 67.00
6 Envirocoal 5.000 26.0 0.1 1.2 62.60
7 Jorong J-1 4.400 32.0 0.3 4.2 50.44
8 Ecocoal 4.200 35.0 0.2 3.9 45.98


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