The government sets its coal reference price (HBA) for August 2017 at US$83.97 per ton FOB, higher than $78.95 per ton set in July 2017.
The HBA is the price cited for the delivery period of August 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 Monday.
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 (%)||TA(%,ar)||Ash (%,ar)|
|1||Gunung Bayan I||7.000||10.00||1.00||15.00||90.15|
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Posted by : admin [ 8/8/2017 2:51:00 PM ]