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

Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...


Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...


Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...


Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year. Kuzbasskaya Topli ...


Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points. According to Vistaar Shipping of S ...


   1102 1103 1104 1105 1106   
Showing 5516 to 5520 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 ...

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