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Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T


COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be used by coal producers to price for all future coal sales.

Coal price reference  (HBA)  is calculated from the monthly average of four international coal indices such as  Indonesian coal index / ICI 1,  Platts-1,New Castle Export Index and Newcastle globalCoal Index.

Coal price reference is based on coal with GCV (GAR)  6,322 kcal/kg; Total Moisture (arb) 8.00%; Total Sulphur 0.8%; Ash Content 15.00% and  free on Board (FOB) Vessel.

The coal price reference, which has been established to fulfill requirement of mining law 04/2009 and aims to increase government revenue from royalties from coal producers.

The declared coal price reference for  March 2010 is US$ 86.64/t FOB Vessel and March Coal price index to be used to evaluate April 2010 delivery according to DJMBP - ESDM. (
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Recent News

Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press  reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...


Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
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Sunday, 28 March 10
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Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...


Saturday, 27 March 10
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Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...


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