The government set its coal reference price (HBA) for July 2015 at US$59.16 per ton FOB, lower than $59.59 per ton set in June.
The HBA is the price cited for the delivery period of July 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 Thursday.
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.
|CV (kcal/kg GAR)||TM (%, ar)||TS (%, ar)||Ash (%,ar)|
|1||Gunung Bayan I||7.000||10.00||1.00||15.00|
Click here for the full HBA release
Posted by : admin [ 7/15/2015 11:47:00 PM ]