Call Center: +62 21 30012490

Coal Commodity: December Price US$64,65 per ton

Jakarta-The Ministry of Energy and Mineral Resources determine the Coal Price Reference (Harga Batubara Acuan/HBA) of December 2014 is US$64,65 per ton. This standard is lower than the HBA last month that is US$65,70 per ton.
Directorate General of Mineral and Coal of The Ministry of Energy and Mineral Resources (MEMR) R. Sukhyar said that HBA this year is continue to fall along with the decrease of the price commodity in international market spot.
As by that condition, he continue, his party will not raise the national coal production quota next year.
for the record, the coal production¬† is estimated at 415 million ton or more this year. ” HBA is continue to fall along with the weakening in the international market. The low price also impact the state revenue,” he said, Tuesday (9/12).
In the future, Sukhyar affirm that the coal industry will be directed to move domestic industry.
He mentions one of the action is the utilization of coal for the mine mouth power plant.
He mentions that his party  will continue to support the domestic coal absorption, although this policy will affect the Non-Tax Revenue (PNBP) from the coal mining sector.
“I believe the mining PNBP will not be affected that much, due to the private are more orderly pay the tax and some smelter will operate next year,” he said.
The Chairman of Indonesian Coal Mining Association (ICMA/APBI) Bob Kamandanu said that the low coal price this year has shocked the national companies balance sheet.