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Coal reference price for June set at $73.64

  • www.petromindo.com

The government announced its coal reference price (HBA) for June 2014 at US$73.64 per ton FOB vessel, higher compared to $73.60 per ton in May 2014.

The HBA is the price cited for the delivery period of June 1-30, the Directorate General of Coal and Minerals said in a statement Thursday. Price for term contract is the average HBA over the past three months.

Coal price reference is based on coal with CV (GAR) of 6,322 kcal/kg.

HBA 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 (%, ar) TS (%, ar) Ash (%,ar)
1 Gunung Bayan I 7.000 10.00 1.00 15.00

78.96

2 Prima Coal 6.700 12.00 0.60 5.00 79.45
3 Pinang 6150 6.200 14.50 0.60 5.50 71.72
4 Indominco IM_East 5.700 17.50 1.63 4.80 60.30
5 Melawan Coal 5.400 22.50 0.40 5.00 58.59
6 Envirocoal 5.000 26.00 0.10 1.20 55.17
7 Jorong J-1 4.400 32.00 0.25 4.15 44.42
8 Ecocoal 4.200 35.00 0.18 3.90 40.62


Posted by : admin [ 6/30/2014 12:36:00 AM ]