It says JFY was settled at US$109.9/t in the July - Sept quarter report but, footnote refers to 1 April 2021 to 31 March 2022.
NHC have circa 40% of product to Japan, so id assume the vast majority of the remaining 60% is based on the spot gc NEWC (6000) price.
Coal Price Set To Surge As Major Producer Indonesia Bans Exports, page-15
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