Indonesia Coal Index Report
Weekly average ICI prices
Friday 8 November 2025
Indonesian Coal Indices incorporating assessments by Argus Media and PT Coalindo Energy**
Grade (kcal)
ICI 1 (Indonesian 6,500 GAR / 6,200 NAR)
ICI 2 (Indonesian 5,800 GAR / 5,500 NAR)
ICI 3 (Indonesian 5,000 GAR / 4,600 NAR)
ICI 4 (Indonesian 4,200 GAR / 3,800 NAR)
ICI 5 (Indonesian 3,400 GAR / 3,000 NAR)
Price $/t
131.58
93.93
73.28
52.32
32.37
Monthly ICI averages
Type
ICI 1
ICI 2
ICI 3
ICI 4
ICI 5
Aug
127.25
92.74
72.05
51.18
31.76
Sep
128.52
92.74
72.35
51.13
31.27
Oct
129.66
93.67
73.25
52.24
32.14
Spesifications
Type
ICI 1
ICI 2
ICI 3
ICI 4
ICI 5
Timing
in 60 days
in 60 days
in 60 days
in 60 days
in 60 days
Sulphur
up to 1%
up to 1%
up to 1%
up to 0.4%
up to 0.4%
Ash
up to 12%
up to 10%
up to 8%
up to 6%
up to 4%
TM
up to 12%
up to 18%
up to 30%
up to 40%
up to 50%
Size
Panamax
Panamax
Panamax
Geared supramax
Geared supramax
