Heats Up! The Price Of Benchmark Coal In July Reaches 130.44 US Dollars Per Ton

Illustration - Coal. (Photo: Special)

JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) has set the Reference Coal Price (HBA) as stated in the Decree of the Minister of Energy and Mineral Resources Number 166.K/MB.03/MEM.B/2024 concerning Reference Metal Mineral Prices and Reference Coal Prices for July 2024 which was set on Friday, July 19, 2024.

In this decision, Minister of Energy and Mineral Resources Arifin Tasrif determined HBA in equivalence with a value of 6,322 kcal/kg GAR, a total of 12.26 percent Moisture, a total of 0.66 percent sulphur, and Ash 7.94 at USD 130.44 per ton. This number increased sharply from the previous month which was set at USD 123 per ton.

Furthermore, HBA is set for coal commodity I, in equal value of 5.300 kcal/kg GAR, total Moisture 21.32 percent total Sulphur 0.75 percent, and Ash 6.04 percent at 91.85 US dollars per ton.

This amount also increased from the previous month which was set at 88.65 US dollars per ton.

As for the reference price of coal commodity II in the equality of a value of 4,100 kcal/kg GAR, a total motion of 35.73 percent, a total of 0.23 percent sulphur and an Ash of 3.90 percent, it is set at 56.09 US dollars per ton.

Finally, the Minister of Energy and Mineral Resources also set a reference price for coal III, in equality with a value of 3,400 kcal/kg GAR, a total of 44.30 percent Moisture, a total of 0.24 percent of Sulphur and 3.88 percent of Ash, at 36.22 per ton.

In addition to setting the HBA, the Minister of Energy and Mineral Resources also set HMA for July 2024, where HMA Nickel was pegged at 18,823.86 US dollars per dmt. Then Kobalt 26,980.91 US dollars per dmt and Timbal 2,196.05 US dollars per dmt.

The HMA for other metal mineral commodities is as follows:

Seng: 2,894.52 US dollars per dmt

Alumunium: 2,562.36 US dollars per dmt

Copper: 9,978.75 US dollars per dmt

Gold as an accompanying mineral: 2,344.47 US dollars per troy ounce

Silver as a follow-up mineral: 30.34 US dollars per troy ounce

Ingot Timah Pb 300: settlement price ICDX and JFX on sales day

Ingot Timah Pb 200: settlement price ICDX and JFX on sales day

Ingot Timah Pb 100: settlement price ICDX and JFX on sales day

Ingot Timah Pb 050: settlement price ICDX and JFX on sales day

Ingot Timah 4NINE: Settlement price ICDX and JFX on sales day

Gold Metal: LBMA Gold PM Fix on sales day

Silver Metal: LBMA Silver Fix on sales day

Mangan: 3.54 US dollars per dmt

Ore Besi Laterit/Hematit/Magnetit: 1.66 US dollars per dmt

Krom Ore: 6.37 US dollars per dmt

Ilmenit Concentrat: 7.44 US dollars per dmt

Titanium concentrate: 12.28 US dollars per dmt.