Argus/Coalindo Indonesian Coal Index (ICI)
Overview
The five prices of the ICI coal price assessments are weekly assessments by Argus and Coalindo Energy for the main Indonesian thermal coal grades sold on a fob Indonesia basis. These price assessments provide price transparency for a variety of grades across Indonesia.
Price assessment details
What are the advantages of the Argus/Coalindo ICI price assessments?
The ICI coal price assessments underpin much of Indonesia’s coal market and are used as the reference prices for Indonesian royalty and official payment calculations. These price assessments are also used in market analysis, production planning and corporate finance, among other functions.
How are these assessments used?
The region’s coal markets use the ICI price assessments for official payments, risk management and sales agreements for coal from Indonesia. With five grades of coal included in the ICI service, users receive the most widely recognised benchmark for Indonesian coal available anywhere.
Explore our coal products
Argus’ coal market services provide globally trusted price benchmarks, high-quality market intelligence and in-depth data analytics on a real-time basis to support you in making more informed decisions. Our global indexes include key prices such as ICI 3, ICI 4, API 2, API 4, API 5, API 6, API 8, API 10, API 12 and Richards Bay off-specification differentials.
Key price assessments
Argus’ coal price benchmarks are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
