COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY


COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since February  2010 to be used by coal producers for all future spot and term coal sales contracts.

Coal price reference (HBA), the price has calculated based on a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month. Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel supply between 1 - 30 November 2010.

The declared coal price reference for December  2010 is US$ 103.41 per Ton FOB vessel up by US$ 7.90 or 8.27 percent compared to November 2010 Coal price reference. November2010 coal price reference was at US$ 95.51 per ton.

The declared ICPR in December was the highest in 2010 or since the government starts to declare ICPR ( HBA) Since February 2010. The lowest HBA of this year was declared in April 2010.

Government also declaring price reference for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers.

For spot sales of below one year, it will use coal price reference from the previous month and term contracts, the average of coal price reference for the last three months is used to set coal prices for a one-year contract for the following year.

For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.


The coal price reference, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of Indonesian coal price reference (cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...


Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...


Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...


Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...


   1088 1089 1090 1091 1092   
Showing 5446 to 5450 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Grasim Industreis Ltd - India
  • Carbofer General Trading SA - India
  • Maersk Broker
  • Cement Manufacturers Association - India
  • Bhatia International Limited - India
  • Aboitiz Power Corporation - Philippines
  • London Commodity Brokers - England
  • Eastern Coal Council - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Altura Mining Limited, Indonesia
  • ASAPP Information Group - India
  • Intertek Mineral Services - Indonesia
  • Karaikal Port Pvt Ltd - India
  • SASOL - South Africa
  • SUEK AG - Indonesia
  • Moodys - Singapore
  • Freeport Indonesia
  • GMR Energy Limited - India
  • Xstrata Coal
  • Gujarat Electricity Regulatory Commission - India
  • Kumho Petrochemical, South Korea
  • Australian Commodity Traders Exchange
  • Kalimantan Lumbung Energi - Indonesia
  • Baramulti Group, Indonesia
  • PLN - Indonesia
  • globalCOAL - UK
  • Mitsubishi Corporation
  • RBS Sempra - UK
  • Cosco
  • Rashtriya Ispat Nigam Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • GVK Power & Infra Limited - India
  • Enel Italy
  • Asian Development Bank
  • CNBM International Corporation - China
  • Independent Power Producers Association of India
  • Vedanta Resources Plc - India
  • Billiton Holdings Pty Ltd - Australia
  • Barclays Capital - USA
  • Singapore Mercantile Exchange
  • ING Bank NV - Singapore
  • Ince & co LLP
  • Bhoruka Overseas - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Argus Media - Singapore
  • Indika Energy - Indonesia
  • Bank of China, Malaysia
  • Thiess Contractors Indonesia
  • Price Waterhouse Coopers - Russia
  • Inco-Indonesia
  • Shree Cement - India
  • Thailand Anthracite
  • World Coal - UK
  • Bahari Cakrawala Sebuku - Indonesia
  • Maybank - Singapore
  • South Luzon Thermal Energy Corporation
  • Bulk Trading Sa - Switzerland
  • Pinang Coal Indonesia
  • Noble Europe Ltd - UK
  • Runge Indonesia
  • Sical Logistics Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Credit Suisse - India
  • ANZ Bank - Australia
  • Mjunction Services Limited - India
  • Infraline Energy - India
  • KPCL - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Tanito Harum - Indonesia
  • BRS Brokers - Singapore
  • Jaiprakash Power Ventures ltd
  • Samsung - South Korea
  • Coal and Oil Company - UAE
  • Fearnleys - India
  • Oldendorff Carriers - Singapore
  • Heidelberg Cement - Germany
  • KEPCO - South Korea
  • New Zealand Coal & Carbon
  • Africa Commodities Group - South Africa
  • TANGEDCO India
  • NTPC Limited - India
  • Chettinad Cement Corporation Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Gujarat Sidhee Cement - India
  • Riau Bara Harum - Indonesia
  • Surastha Cement
  • The India Cements Ltd
  • Renaissance Capital - South Africa
  • Chamber of Mines of South Africa
  • KPMG - USA
  • Semirara Mining Corp, Philippines
  • Mitra SK Pvt Ltd - India
  • Electricity Authority, New Zealand
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • TeaM Sual Corporation - Philippines
  • Petron Corporation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Panama Canal Authority
  • Indogreen Group - Indonesia
  • BNP Paribas - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Coastal Gujarat Power Limited - India
  • Core Mineral Indonesia
  • SRK Consulting
  • Asmin Koalindo Tuhup - Indonesia
  • Ministry of Finance - Indonesia
  • Coeclerici Indonesia
  • IBC Asia (S) Pte Ltd
  • Qatrana Cement - Jordan
  • Binh Thuan Hamico - Vietnam
  • Pipit Mutiara Jaya. PT, Indonesia
  • GNFC Limited - India
  • Siam City Cement - Thailand
  • Australian Coal Association
  • Ind-Barath Power Infra Limited - India
  • Antam Resourcindo - Indonesia
  • Salva Resources Pvt Ltd - India
  • Indorama - Singapore
  • Georgia Ports Authority, United States
  • TNPL - India
  • Merrill Lynch Commodities Europe
  • Bukit Makmur.PT - Indonesia
  • Siam City Cement PLC, Thailand
  • CoalTek, United States
  • Energy Link Ltd, New Zealand
  • PetroVietnam Power Coal Import and Supply Company
  • Lafarge - France
  • IHS Mccloskey Coal Group - USA
  • Japan Coal Energy Center
  • Sinarmas Energy and Mining - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Malco - India
  • CESC Limited - India
  • Indonesia Power. PT
  • Attock Cement Pakistan Limited
  • Goldman Sachs - Singapore
  • Mechel - Russia
  • Bangladesh Power Developement Board
  • Standard Chartered Bank - UAE
  • Britmindo - Indonesia
  • Malabar Cements Ltd - India
  • Power Finance Corporation Ltd., India
  • Deutsche Bank - India
  • Miang Besar Coal Terminal - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Kaltim Prima Coal - Indonesia
  • IEA Clean Coal Centre - UK
  • Maruti Cements - India
  • Barasentosa Lestari - Indonesia
  • VISA Power Limited - India
  • Orica Mining Services - Indonesia
  • Vitol - Bahrain
  • Meralco Power Generation, Philippines
  • Rio Tinto Coal - Australia
  • The Treasury - Australian Government
  • Xindia Steels Limited - India
  • Adaro Indonesia
  • Madhucon Powers Ltd - India
  • Wilmar Investment Holdings
  • Economic Council, Georgia
  • Bangkok Bank PCL
  • Straits Asia Resources Limited - Singapore
  • SGS (Thailand) Limited
  • Marubeni Corporation - India
  • Tata Chemicals Ltd - India
  • WorleyParsons
  • Semirara Mining and Power Corporation, Philippines
  • Total Coal South Africa
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sindya Power Generating Company Private Ltd
  • LBH Netherlands Bv - Netherlands
  • SMC Global Power, Philippines
  • Minerals Council of Australia
  • Merrill Lynch Bank
  • Vizag Seaport Private Limited - India
  • Indian School of Mines
  • McKinsey & Co - India
  • MEC Coal - Indonesia
  • India Bulls Power Limited - India
  • JPMorgan - India
  • Rudhra Energy - India
  • Dalmia Cement Bharat India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Electricity Generating Authority of Thailand
  • Maharashtra Electricity Regulatory Commission - India
  • Platou - Singapore
  • Aditya Birla Group - India
  • Metalloyd Limited - United Kingdom
  • Platts
  • Agrawal Coal Company - India
  • Central Electricity Authority - India
  • The University of Queensland
  • Edison Trading Spa - Italy
  • Mercator Lines Limited - India
  • Bhushan Steel Limited - India
  • Star Paper Mills Limited - India
  • Essar Steel Hazira Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Cargill India Pvt Ltd
  • Videocon Industries ltd - India
  • Jatenergy - Australia
  • Gupta Coal India Ltd
  • Coaltrans Conferences
  • Vijayanagar Sugar Pvt Ltd - India
  • UOB Asia (HK) Ltd
  • Permata Bank - Indonesia
  • Directorate Of Revenue Intelligence - India
  • OCBC - Singapore
  • Mintek Dendrill Indonesia
  • Global Coal Blending Company Limited - Australia
  • Banpu Public Company Limited - Thailand
  • GHCL Limited - India
  • Wood Mackenzie - Singapore
  • Asia Cement - Taiwan
  • Thriveni
  • World Bank
  • Medco Energi Mining Internasional
  • Coal Orbis AG
  • UBS Singapore
  • APGENCO India
  • San Jose City I Power Corp, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • Toyota Tsusho Corporation, Japan
  • Kobexindo Tractors - Indoneisa
  • Trasteel International SA, Italy
  • Vale Mozambique
  • Berau Coal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • DBS Bank - Singapore
  • Commonwealth Bank - Australia
  • HSBC - Hong Kong
  • Jindal Steel & Power Ltd - India
  • Cardiff University - UK
  • Neyveli Lignite Corporation Ltd, - India
  • Russian Coal LLC
  • Karbindo Abesyapradhi - Indoneisa
  • PowerSource Philippines DevCo
  • Globalindo Alam Lestari - Indonesia
  • Deloitte Consulting - India
  • Coal India Limited
  • Pendopo Energi Batubara - Indonesia
  • PetroVietnam
  • Ceylon Electricity Board - Sri Lanka
  • Sucofindo - Indonesia
  • Arutmin Indonesia
  • EIA - United States
  • GB Group - China
  • Indian Energy Exchange, India
  • Leighton Contractors Pty Ltd - Australia
  • Formosa Plastics Group - Taiwan
  • Timah Investasi Mineral - Indoneisa
  • Gresik Semen - Indonesia
  • Anglo American - United Kingdom
  • TRAFIGURA, South Korea
  • Bank of America
  • Cemex - Philippines
  • Manunggal Multi Energi - Indonesia
  • Interocean Group of Companies - India
  • Coalindo Energy - Indonesia
  • J M Baxi & Co - India
  • SN Aboitiz Power Inc, Philippines
  • CCIC - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Orica Australia Pty. Ltd.
  • Indonesian Coal Mining Association
  • Clarksons - UK
  • U S Energy Resources
  • Energy Development Corp, Philippines
  • Tata Power - India
  • Kideco Jaya Agung - Indonesia
  • Petrosea - Indonesia
  • Kobe Steel Ltd - Japan
  • Kepco SPC Power Corporation, Philippines
  • Tamil Nadu electricity Board
  • IOL Indonesia
  • Inspectorate - India
  • Mercuria Energy - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Thai Mozambique Logistica
  • Therma Luzon, Inc, Philippines
  • IMC Shipping - Singapore
  • Borneo Indobara - Indonesia
  • Posco Energy - South Korea
  • International Coal Ventures Pvt Ltd - India
  • Sojitz Corporation - Japan
  • Ernst & Young Pvt. Ltd.
  • ETA - Dubai
  • Geoservices-GeoAssay Lab
  • PNOC Exploration Corporation - Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • White Energy Company Limited
  • EMO - The Netherlands
  • Parry Sugars Refinery, India
  • Humpuss - Indonesia
  • Idemitsu - Japan
  • Sakthi Sugars Limited - India
  • Global Business Power Corporation, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Arch Coal - USA
  • Kapuas Tunggal Persada - Indonesia
  • Ministry of Transport, Egypt
  • GN Power Mariveles Coal Plant, Philippines
  • Makarim & Taira - Indonesia
  • PTC India Limited - India
  • TGV SRAAC LIMITED, India
  • Simpson Spence & Young - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Cebu Energy, Philippines
  • ACC Limited - India
  • KOWEPO - South Korea
  • Savvy Resources Ltd - HongKong
  • Petrochimia International Co. Ltd.- Taiwan
  • SMG Consultants - Indonesia
  • Larsen & Toubro Limited - India
  • CIMB Investment Bank - Malaysia
  • Adani Power Ltd - India
  • Thomson Reuters GRC
  • Central Java Power - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • PLN Batubara - Indonesia
  • Latin American Coal - Colombia
  • Eastern Energy - Thailand
  • Samtan Co., Ltd - South Korea
  • Port Waratah Coal Services - Australia
  • Glencore India Pvt. Ltd
  • Bukit Baiduri Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Ambuja Cements Ltd - India
  • Shenhua Group - China
  • ICICI Bank Limited - India
  • MS Steel International - UAE
  • Jorong Barutama Greston.PT - Indonesia
  • Planning Commission, India
  • NALCO India
  • McConnell Dowell - Australia
  • Indian Oil Corporation Limited
  • Romanian Commodities Exchange
  • Indo Tambangraya Megah - Indonesia
  • Thermax Limited - India
  • Peabody Energy - USA
  • Reliance Power - India
  • Meenaskhi Energy Private Limited - India
  • Parliament of New Zealand
  • The State Trading Corporation of India Ltd
  • Bharathi Cement Corporation - India
  • Maheswari Brothers Coal Limited - India
  • Mitsui
  • JPower - Japan
  • bp singapore
  • Uttam Galva Steels Limited - India
  • Ministry of Mines - Canada
  • Lanco Infratech Ltd - India