Senin, Agustus 28, 2023

Reference Prices for Metal Minerals and Coal Commodities for the August 2023 Period Introduced

The Minister of Energy and Mineral Resources ("Minister") has set various applicable Reference Prices for Metal Minerals (Harga Mineral Logam Acuan – "HMA") and Reference Prices for Coal (Harga Batubara Acuan – "HBA") for the August 2023 period through the issuance of Decree No. 245.K/MB.01/MEM.B/2023 ("Decree 245/2023"), which has been in force since 11 August 2023.
As detailed under Appendix I to Decree 245/2023, the applicable HMA should be utilized as a reference during calculations of applicable Metal Mineral Benchmark Prices (Harga Patokan Mineral Logam/HPM) for August 2023. In this regard, the HMA apply to 20 types of metal mineral commodities, including: 1) Nickel (US$ 20,663.86/DMT); 2) Cobalt (US$ 31,475/DMT); 3) Lead (US$ 2,119.39/DMT); 4) Zinc (US$ 2,364.95/DMT); and 5) Aluminum (US$ 2,141.25/DMT).
Meanwhile, the applicable HBA are comprehensively detailed under Appendix II to Decree 245/2023. Said reference prices should be utilized as a reference during calculations of applicable Coal Benchmark Prices (Harga Patokan Batubara/HPB) for August 2023. The applicable HBA for the abovementioned coal commodities break down as follows: 1) Coal (with 6,322 Gross as Received ["GAR"]): US$ 179.90/ton; 2) Coal I (with 5,300 GAR): US$ 84.75/ton; 3) Coal II (with 4,100 GAR): US$ 57.38/ton; and 4) Coal III (with 3,400 GAR): US$ 31.96/ton.

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*Syarat dan ketentuan berlaku

The Minister of Energy and Mineral Resources ("Minister") has set various applicable Reference Prices for Metal Minerals (Harga Mineral Logam Acuan – "HMA") and Reference Prices for Coal (Harga Batubara Acuan – "HBA") for the August 2023 period through the issuance of Decree No. 245.K/MB.01/MEM.B/2023 ("Decree 245/2023"), which has been in force since 11 August 2023.
As detailed under Appendix I to Decree 245/2023, the applicable HMA should be utilized as a reference during calculations of applicable Metal Mineral Benchmark Prices (Harga Patokan Mineral Logam/HPM) for August 2023. In this regard, the HMA apply to 20 types of metal mineral commodities, including: 1) Nickel (US$ 20,663.86/DMT); 2) Cobalt (US$ 31,475/DMT); 3) Lead (US$ 2,119.39/DMT); 4) Zinc (US$ 2,364.95/DMT); and 5) Aluminum (US$ 2,141.25/DMT).
Meanwhile, the applicable HBA are comprehensively detailed under Appendix II to Decree 245/2023. Said reference prices should be utilized as a reference during calculations of applicable Coal Benchmark Prices (Harga Patokan Batubara/HPB) for August 2023. The applicable HBA for the abovementioned coal commodities break down as follows: 1) Coal (with 6,322 Gross as Received ["GAR"]): US$ 179.90/ton; 2) Coal I (with 5,300 GAR): US$ 84.75/ton; 3) Coal II (with 4,100 GAR): US$ 57.38/ton; and 4) Coal III (with 3,400 GAR): US$ 31.96/ton.

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