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Wednesday, January 12, 2011

Indonesia coal benchmark price gains for fourth month

Indonesia increased the reference price for coal sales for the fourth straight month, raising it by 8.7% in January, the Ministry of Energy and Mineral Resources said.
The benchmark for coal with a gross energy value of 6,322 kilocalories a kilogram was set at $112.4 per tonne in Jan from $103.41 a tonne in December, the Directorate General of Coal and Minerals at the energy ministry said.
Below is a list of price references and markers, used to calculate prices for other coal types of similar quality from eight leading coal brands in Southeast Asia’s biggest economy, as compiled by the energy ministry.
Grades are in kilocalories a kilogram, while prices are in U.S. dollars a tonne.

News via en.sxcoal.com, 11 Jan, 2011

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