概要
・対象品目 ： 石炭
・内容概要 ： 価格インデックス
・更新頻度 ： 週1回データ更新
・提供開始 ： 2006年7月
インドネシア炭の価格指標の決定版です。インドコール社によるパネル式の価格インデックスと弊社の実取引調査に基づく価格査定の平均値となる同インデックスは、インドネシア産石炭のスポットおよび長期契約の決済指標に使われるほか、ロイヤルティ計算指標の構成要素として、また輸出税の計算指標として利用されています。
お問い合わせ
Key features
Weekly benchmark prices
Five ICI prices, spanning grades from 3,400 to 6,500 kcal GAR, are published weekly, providing consistent and timely references for Indonesian thermal coal trading and contract discussions.
Dual-methodology assessment
Each ICI index is the equal average of independent Argus and PT Coalindo Energy assessments, delivering a balanced, market-reflective benchmark trusted across Asia-Pacific coal markets.
Coal grade specifications
ICI prices cover five standardised grades fob Kalimantan, with defined sulphur, ash, moisture and vessel size parameters, enabling direct comparability across Indonesian thermal coal grades.
Monthly ICI averages
Monthly average ICI prices are published for all five grades, supporting trend analysis, contract pricing and financial reporting across the Indonesian coal market.
Competitive trend charts
Reference graphs track ICI 2 differentials against Argus fob Richards Bay and fob Newcastle 5,500 kcal assessments, enabling users to monitor Indonesian coal spreads against key global benchmarks.
Argus Direct® access
The report and underlying data are available via the Argus Direct® platform, providing integrated access to price assessments, trend charts and downloadable publications.
How Argus assesses Indonesian coal markets
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Jointly constructed indexes
Each ICI index is the equal average of the Argus and PT Coalindo Energy assessments for the corresponding Indonesian coal grade. -
Grade-specific assessments
Five grades from 3,400 to 6,500 kcal GAR are assessed, each defined by sulphur, ash, moisture, energy value and vessel size specifications. -
Fob Indonesia pricing basis
Argus assesses each component on a fob Indonesia basis, following the Argus Coal Daily International methodology. -
Weekly publication schedule
Published weekly on Friday, moving to the prior working day if Friday is a public holiday in Indonesia or Singapore. -
Holiday assessment continuity
If PT Coalindo Energy does not assess during a holiday period, each ICI index equals the Argus component for that week.
Who uses this service
Traders
- Reference ICI prices to negotiate and settle physical spot trades with confidence.
- Benchmark Indonesian coal against South African and Australian grades using competitive trend charts.
- Identify market movements and trading opportunities using weekly price data.
Mining companies
- Use ICI prices to support investment plans and secure project financing.
- Benchmark production against independently assessed market rates for offtake negotiations.
- Rely on methodology-backed data to underpin financial reporting and strategic planning.
Heavy industry
- Track ICI prices to assess fuel cost exposure across power, cement and industrial operations.
- Use monthly averages to support budget planning and procurement decisions.
- Monitor grade-specific price movements to optimise coal sourcing strategies.
Frequently asked questions
Key price assessments
The ICI price assessments provide benchmarks for five Indonesian thermal coal grades fob Kalimantan, widely referenced across Asia-Pacific for spot trading, contract pricing, tax calculations and investment analysis.