Indonesian Steam Coal Export Prices

Reference prices for Indonesian steam coal from GAR 3,400 to GAR 6,322 kcal/kg. Quoted FOB Mother Vessel (loaded onto your ship at the anchorage), with prices adjusted in proportion to energy content.

Price Basis: FOB Kalimantan anchorage Testing Basis: ASTM / ISO certified quality certificate (COA) Currency: US dollars per metric ton

Our Reference Prices

The main reference grades our price formulas are based on

High-Energy Reference Grade Benchmark

GAR 6,322 kcal/kg

High-energy bituminous export reference grade

Reference Export Price

US$125.60 per ton

Net energy about 6,000 • Total moisture about 12–16% • Ash about 6–10% • Sulfur under 0.8%

High-Energy Reference Grade Benchmark

GAR 5,300 kcal/kg

Mid-to-high grade, reference for steady power plants

Reference Export Price

US$97.85 per ton

NAR ~4,950 | TM ~20-26% | Ash ~6-10% | TS <0.8%

Low-Energy Reference Grade Benchmark

GAR 4,100 kcal/kg

Standard sub-bituminous coal for industry

Reference Export Price

US$69.28 per ton

NAR ~3,750 | TM ~32-36% | Ash ~4-8% | TS <0.5%

Low-Energy Reference Grade Benchmark

GAR 3,400 kcal/kg

Low-grade coal for blending

Reference Export Price

US$46.64 per ton

NAR ~3,100 | TM ~36-40% | Ash ~4-6% | TS <0.3%

Coal Price List: GAR 3,400 to 6,300 kcal/kg

Prices in 100 kcal/kg steps, worked out in a straight line between our reference prices

Request an Offer (SCO)

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All prices in US dollars per ton • FOB Vessel at the anchorage

Gross Energy (GAR)	Grade	FOB Price	Price per Gcal	Net Energy (NAR)	Total Moisture (ARB)	Inherent Moisture (ADB)	Ash (ADB)	Volatile Matter (ADB)	Fixed Carbon (by difference)	Total Sulfur (ADB)	Grindability (HGI)
GAR 3,400	Low GAR	US$46.64	$13.72	3050 - 3100	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 3,500	Low GAR	US$49.87	$14.25	3150 - 3200	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 3,600	Low GAR	US$53.11	$14.75	3250 - 3300	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 3,700	Low GAR	US$56.34	$15.23	3350 - 3400	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 3,800	Low GAR	US$59.58	$15.68	3450 - 3500	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 3,900	Low GAR	US$62.81	$16.11	3550 - 3600	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 4,000	Low GAR	US$66.05	$16.51	3650 - 3700	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 4,100 reference	Low GAR	US$69.28	$16.90	3750 - 3800	32% - 36%	14% - 18%	4% - 7%	38% - 42%	36% - 41%	< 0.50%	50 - 58
GAR 4,200	Mid GAR	US$71.66	$17.06	3840 - 3900	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,300	Mid GAR	US$74.04	$17.22	3940 - 4000	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,400	Mid GAR	US$76.42	$17.37	4040 - 4100	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,500	Mid GAR	US$78.80	$17.51	4140 - 4200	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,600	Mid GAR	US$81.18	$17.65	4240 - 4300	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,700	Mid GAR	US$83.56	$17.78	4340 - 4400	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,800	Mid GAR	US$85.95	$17.91	4440 - 4500	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 4,900	Mid GAR	US$88.33	$18.03	4540 - 4600	26% - 32%	11% - 15%	5% - 8%	36% - 42%	37% - 42%	< 0.60%	48 - 55
GAR 5,000	Mid GAR	US$90.71	$18.14	4650 - 4710	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,100	High GAR	US$93.09	$18.25	4750 - 4810	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,200	High GAR	US$95.47	$18.36	4850 - 4910	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,300 reference	High GAR	US$97.85	$18.46	4950 - 5010	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,400	High GAR	US$100.57	$18.62	5050 - 5110	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,500	High GAR	US$103.28	$18.78	5150 - 5210	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,600	High GAR	US$106.00	$18.93	5250 - 5310	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,700	High GAR	US$108.71	$19.07	5350 - 5410	20% - 26%	9% - 13%	6% - 9%	38% - 42%	38% - 44%	< 0.80%	46 - 52
GAR 5,800	High GAR	US$111.43	$19.21	5480 - 5540	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50
GAR 5,900	High GAR	US$114.14	$19.35	5580 - 5640	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50
GAR 6,000	High GAR	US$116.86	$19.48	5680 - 5740	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50
GAR 6,100	High GAR	US$119.57	$19.60	5780 - 5840	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50
GAR 6,200	High GAR	US$122.29	$19.72	5880 - 5940	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50
GAR 6,300	High GAR	US$125.00	$19.84	5980 - 6040	12% - 16%	6% - 9%	6% - 10%	38% - 44%	42% - 48%	< 0.80%	45 - 50

How We Calculate Prices and the Standards Used

Prices between the reference grades are worked out in a straight line from our four reference prices: GAR 3,400 (US$46.64), GAR 4,100 (US$69.28), GAR 5,300 (US$97.85) and GAR 6,322 (US$125.60) per metric ton.

The price rises by a fixed amount for each extra kcal/kg in each range. Low range (3,400–4,100): US$0.0323 per kcal/kg, about US$3.23 per 100 kcal/kg. Mid range (4,100–5,300): US$0.0238 per kcal/kg, about US$2.38 per 100 kcal/kg. High range (5,300–6,322): US$0.0272 per kcal/kg, about US$2.72 per 100 kcal/kg.

Gross energy: ASTM D5865 / ISO 1928 Net energy: ISO 1928 Total and inherent moisture: ASTM D3302 / D3173 Ash, volatile matter, fixed carbon: ASTM D3174 / D3175 / D3172 Sulfur: ASTM D4239 Grindability: ASTM D409

Shipment Cost Estimator

Try different volumes and grades to estimate the value of one shipment

Choose Gross Energy Content (GAR)

Shipment Size (Metric Tons)

Delivery Terms (estimate) *

Estimate Updates as you change the inputs

Grade: GAR 5,000 kcal/kg

Price per Ton (FOB Anchorage): US$90.71 / MT

Shipment Size: 55,000 MT

Price per Gcal: $18.14 / Gcal

Estimated Cargo Value

US$4,989,050.00

This is an estimate of the FOB cargo value. The final contract amount is based on the weight actually measured and any price adjustment for energy content from the certified COA.

Contract Terms

Standard terms for international coal sales contracts

Price Basis and Delivery Terms

The prices shown are in US dollars per metric ton, Free on Board (FOB) Mother Vessel: coal loaded onto your ship at the Taboneo or Muara Berau anchorage in Kalimantan. Quotes for FOB Barge, CFR and CIF are adjusted for current shipping costs, tugboat and barge charter rates, and cargo insurance rates.

Price Adjustment for Energy Content

The final payment follows the price adjustment formula in the contract, based on the certified quality certificate (COA) issued at the loading port. If the tested energy content is different from the contract but within the allowed range: Adjusted Price = Contract Base Price × (Tested GAR ÷ Contract Base GAR).

Independent Quality Certificates

Cargo weight and quality are certified at the loading port by certified international independent inspectors (SGS, Sucofindo or Carsurin). The quality certificate (COA) and weight certificate (COW) they issue are the binding basis for payment under the Letter of Credit.

Payment and Security

Payment is secured by an Irrevocable Letter of Credit (L/C) at sight, issued or confirmed by a major international bank, or by bank transfers (T/T) made in stages at agreed milestones, under Indonesian coal export rules (PP No. 21/2026 DHE SDA).

Buy Indonesian Steam Coal With Agreed Quality Specs

Tell us the coal grade (GAR), preferred loading dates, amount and unloading port, and we will send a Soft Corporate Offer (SCO, a non-binding offer) within one working day.

Usual Loading Dates: 15–20 days after the L/C • Loading Ports: Taboneo and Muara Berau • Inspectors: SGS, Sucofindo, Carsurin

Send an Inquiry See Coal Specs