JAKARTA - The Ministry of Energy and Mineral Resources has set the Reference Coal Price (HBA) for the first period of May 2025 at the Free on Board sales handover point on a carrier (FOB Vessel) of 121.15 US dollars per ton.
This figure slightly increased from the previous period of 0.95 US dollars, an increase of 0.79 percent compared to HBA Second Period April 2025, which was 120.20 US dollars per ton.
"The Minister of Energy and Mineral Resources through the Decree of the Minister (Kepmen) of Energy and Mineral Resources No. 169.K/MB.01/MEM.B/2025 set the Reference Coal Price (HBA) for the first period of May 2025, namely 121.15 US dollars per tonne, slightly increased compared to the previous period," said Head of the Communications, Public Information Services, and Cooperation (Kliklik) Sunindyo Suryo Herdadi quoted Monday, May 5.
The determination of the first HBA for the first period of May 2025, explained Sunindyo, was used as the basis for calculating the Coal Patokan Price (HPB) for the first period of May 2025 for coal with calories greater than 6,000 kcal/kg GAR.
In accordance with the Decree of the Minister of Energy and Mineral Resources Number 72 of 2025 concerning Guidelines for Determination of Patokan Prices for Sales of Metal and Coal Mineral Commodities, the value of HBA for the first period of the running month is the weighted average volume of coal selling at the Free on Board handover point on the carrier ship (FOB Vessel).
This is taken into account in the equivalence of HBA specifications with a sample range of 6,100-6,500 kcal/kg GAR coal sales transactions for royalty payments on the Minerba ePNBP application on the second week of shipments two months earlier until the first week of the previous month.
There are four types of HBA based on the value of coal calories, namely HBA for the equality of the calorie value of 6,322 kcal/kg GAR, HBA I for the equality of the calorie value of 5,300 kcal/kg GAR, HBA I for the equality of the calorie value of 4,100 kcal/kg GAR, and HBA III for the equality of the calorie value of 3,400 kcal/kg GAR. Based on the HBA, the Patokan Batubara (HPB) price is calculated which is affected by coal quality, namely the value of coal calories, water content, sulphur content, and ash content.
The value of each HBA, HBA I, HBA II, and HBA III values for the First Period of May 2025 which is valid from May 1 to May 14, 2025 is as follows:
HBA (6,322 GAR): 121.15 US dollars per ton
HBA I (5,300 GAR): 80.80 US dollars per ton
HBA II (4,100 GAR): 50.43 US dollars per ton
HBA III (3,400 GAR): 34.73 US dollars per ton
SEE ALSO:
Furthermore, based on the Decree of the Minister of Energy and Mineral Resources Number 72 of 2025, HBA, HBA I, HBA II, and HBA III are used to calculate the Coal Patokan Price (HPB) l, with the following conditions:
HBA is used to calculate HPB for calorie coal greater than 6,000 kcal/kg of GAR.
HBA I is used to calculate HPB for coal calori 5,300 kcal/kg GAR up to 6,000 kcal/kg GAR.
HBA II is used to calculate HPB for calorie coal greater than 3,400 kcal/kg GAR to less than 5,300 kcal/kg GAR.
HBA III is used to calculate HPB for coal less than 3,400 kcal/kg GAR to 3,400 kcal/kg GAR.
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