Coal Business

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Argus/Coalindo

Indonesian Coal Index Report
Weekly average ICI* prices

Issue 040

Friday 05 October 2012

Indonesian Coal Indices incorporating assessments by Argus Media and PT Coalindo** Grade (kcal)
Indonesian 6,500 GAR (6,200 NAR)
Indonesian 5,800 GAR (5,500 NAR)
Indonesian 5,000 GAR (4,600 NAR)
Indonesian 4,200 GAR (3,800 NAR)
Indonesian 3,400 GAR (3,000 NAR)

Price(US$/t)
87.55
72.16
56.08
39.13
28.52

Monthly ICI averages
Jul
86.45
71.68
58.41
40.28
31.11

Indonesian 6,500 GAR (6,200 NAR)
Indonesian 5,800 GAR (5,500 NAR)
Indonesian 5,000 GAR (4,600 NAR)
Indonesian 4,200 GAR (3,800 NAR)
Indonesian 3,400 GAR (3,000 NAR)

Aug
88.36
71.67
56.79
39.55
29.44

Sep
90.02
71.85
56.23
38.90
28.60

Specifications
Grade (kcal)
6,500 GAR (6,200 NAR)
5,800 GAR (5,500 NAR)
5,000 GAR (4,600 NAR)
4,200 GAR (3,800 NAR)

Timing
in 90 days
in 90 days
in 90 days
in 90 days

Sulphur
up to 1%
up to 0.8%
up to 0.6%
up to 0.4%

Ash
up to 12%
up to 10%
up to 8%
up to 6%

FOB Kalimantan, per tonne
TM
Size
up to 12%
Panamax
up to 18%
Panamax
up to 30%
Panamax
up to 40%
Mother vessel

3,400 GAR (3,000 NAR)

in 90 days

up to 0.2%

up to 4%

up to 50%

ICI 5,800 kcal GAR differential to Argus fob Richards Bay

$/t

0

ICI 5,800 kcal GAR differential to Argus fob Newcastle

Mother vessel
$/t

-5

Argus fob Richards bay = 0

Argus fob Newcastle = 0

-5
-10

-10

hh

-15

hh

-15

-20
-20

-25
25 May 12

06 Jul 12

17 Aug 12

28 Sep 12

25 May 12

06 Jul 12

17 Aug 12

28 Sep 12

Additional information about the underlying assessments used to produce the ICI can be obtained from the publishers. Argus Media (London)...........................+ 44 20 7780 4200 Argus Media (Singapore)......................+ 65 6496 9966

PT Coalindo............................................+ 62 21 3001 2490 *ICI is a trademark of Argus Media Limited and PT Coalindo.
** Argus and Coalindo methodologies appear on page 2.
Reproduction, scanning into an electronic retrieval system or copying to a database is strictly prohibited without the written permission of the publisher. Published weekly. Supplied under licence.

Page 1 of 2

Copyright © 2012 Argus Media Ltd

Argus/Coalindo Indonesian Coal Index Report

Issue 040

Argus/Coalindo ICI - 6,500 kcal GAR

Argus/Coalindo ICI - 5,800 kcal GAR

Argus/Coalindo ICI - 5,000 kcal GAR

Friday 05 October 2012

Argus/Coalindo ICI - 4,200 kcal GAR

Methodologies
The Indonesian Coal Indices are derived from a 50/50 average of assessments by Argus Media and the panel submissions collated by Coalindo. Argus Media Ltd
Argus Media’s contribution to the ICI represents Argus’ assessed price on the last working day of each week. A schedule of publication is available from Argus Media. The Argus team of specialist market reporters contacts a wide cross section of coal market participants by telephone, instant messenger and via email. A balance is maintained in this survey between sellers of physical coal, utility buyers, trading companies and broking companies. The market reporters/analysts record the transactions that are reported and verify all data. They then construct a volume weighted average of the transaction prices that meet the assessment criteria listed in the specification above. Transactions within the specifications above will influence the final assessment. Participants in the market survey are also asked where they see the level of prices in the market and, if applicable, if they have received or made any firm bids and/or offers for coal. Argus market specialists then assess the price of the specified grades of coal using all verified information. Information on transactions and offers that lie outside the specifications may be taken into account but information that lies within the listed specifications of the assessment will be given most weight. Prices...
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