Mining

Lite

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Erlina Fury Santika 06/10/2023 21:13 WIB

Bagikan URL has been copied

Memuat...

Indonesia Coal Reference Price (August-September 2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia Coal Reference Price (August-September 2023)

Download

Source

A Small
A Medium
A Bigger

The Ministry of Energy and Mineral Resources (ESDM) has set the September 2023 Coal Reference Price (HBA) at US$133.13.

This reference price is down 26% from August 2023, which was US$179.90. The decline in the coal reference price has actually been occurring since April 2023, although it saw a very slight increase in July 2023.

The breakdown of the September 2023 HBA is as follows: HBA I at US$89.11; HBA II at US$53.83; and HBA III at US$31.82.

Among all these types, only HBA I saw an increase from August 2023, as shown in the graph.

Previously, the HBA was determined based on the average index of the Indonesia Coal Index (ICI), Newcastle Export Index (NEX), Globalcoal Newcastle Index (GCNC), and Platt's 5900, with quality equated to a calorific value of 6,322 kcal/kg GAR, total moisture of 8%, total sulfur of 0.8%, and ash of 15%.

The HBA is now calculated based on the average of the realized coal selling price from the previous month (70% proportion), and the realized price from two months prior (30% proportion).

The HBA is also differentiated into four categories based on coal quality, namely:

* HBA: calorific value equivalent of 6,322 kcal/kg GAR, total moisture 12.26%, total sulfur 0.66%, and ash 7.94%.
* HBA I: calorific value equivalent of 5,300 kcal/kg GAR, total moisture 21.32%, total sulfur 0.75%, and ash 6.04%.
* HBA II: calorific value equivalent of 4,100 kcal/kg GAR, total moisture 35.73%, total sulfur 0.23%, and ash 3.90%.
* HBA III: calorific value equivalent of 3,400 kcal/kg GAR, total moisture 44.30%, total sulfur 0.24%, and ash 3.88%.

The August 2023 HBA is stipulated in the Decree of the Minister of Energy and Mineral Resources of the Republic of Indonesia Number 290.K/MB.01/MEM.B/2023 concerning the Reference Price for Metal Minerals and the Reference Price for Coal for September 2023, dated September 14, 2023.

(See also: Indonesia's Coal Reference Price Plunges 6.1% in August 2023)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

By the end of 2025, the Government will raise the benchmark price for all grades of Indonesian coal.

Majority of Indonesian Muslims Support Charity for Energy Transition

Mining Concessions in the Land of the Birds of Paradise Concentrated in Central Papua 2025

Forest Area for Plantations and Mining in Aceh, North Sumatra, and West Sumatra 2012-2024

Environmental Crimes in Indonesia Increased in 2024, Here are the Types

Mining in Indonesian Forest Areas Could Face Fines Starting December 2025

Latest Data Stories

Warning! Mount Ibu Erupts Again This Afternoon (Sunday, December 28, 2025) Demographics 28/12/2025, 18:07 WIB

Malang's Air Quality Cleanest in Indonesia This Afternoon (28/12) Consumer Services & Health 28/12/2025, 17:33 WIB

Horticultural Crop Sector PDRB and ADHB, 2013-2024 Technology & Telecommunications 28/12/2025, 17:18 WIB

Weather Forecast for Padang Sidempuan City, March 19-30, 2025 Demographics 28/12/2025, 16:31 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 28/12/2025, 16:05 WIB

The daily price of Grade 1 beef in traditional markets across West Sumatra Province for the past month remains at Rp147,500. Economics & Macro 28/12/2025, 15:11 WIB

Download

Source

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Tags

Related Data

By the end of 2025, the Government will raise the benchmark price for all grades of Indonesian coal.

Majority of Indonesian Muslims Support Charity for Energy Transition

Mining Concessions in the Land of the Birds of Paradise Concentrated in Central Papua 2025

Forest Area for Plantations and Mining in Aceh, North Sumatra, and West Sumatra 2012-2024

Environmental Crimes in Indonesia Increased in 2024, Here are the Types

Mining in Indonesian Forest Areas Could Face Fines Starting December 2025

Latest Data Stories

Popular Data

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Indonesia's Coal Reference Price Continues to Decline Through September 2023

Tags

Related Data

By the end of 2025, the Government will raise the benchmark price for all grades of Indonesian coal.

Majority of Indonesian Muslims Support Charity for Energy Transition

Mining Concessions in the Land of the Birds of Paradise Concentrated in Central Papua 2025

Forest Area for Plantations and Mining in Aceh, North Sumatra, and West Sumatra 2012-2024

Environmental Crimes in Indonesia Increased in 2024, Here are the Types

Mining in Indonesian Forest Areas Could Face Fines Starting December 2025

Latest Data Stories

Trending Topics

Popular Data