The government has set reference price of Indonesian coal (HBA) for May 2014 at US$73.6 per ton (FOB vessel) for coal with calorific value of 6322 Kcal/Kg, down 1.6% from April, but dropped significantly by 13.7% from May 2013. Also in this report: Indo Tambangraya Megah (ITMG), Adaro Energy, and Kideco Jaya Agung.

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