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Coal reference price for October set at $76.61

The government announced its coal reference price (HBA) for October 2013 at US$76.61 FOB vessel, lower compared to $76.89 per ton in September.

The HBA is the price cited for the delivery period of October 1-31, the Directorate General of Coal and Minerals said in a statement Tuesday. 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.

NoBRANDSpecificationPrice (USD/Ton)
CV (kcal/kg GAR)TM (%, ar)TS (%, ar)Ash (%,ar)
1Gunung Bayan I7.00010.001.0015.0082.18
2Prima Coal6.70012.000.605.00

82.46

3Pinang 61506.20014.500.605.5074.51
4Indominco IM_East5.70017.501.634.8062.70
5Melawan Coal5.40022.500.405.0060.72
6Envirocoal5.00026.000.101.2057.06
7Jorong J-14.40032.000.254.1545.95
8Ecocoal4.20035.000.183.9041.98
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