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
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011


COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for thermal coal at US$ 127.05 per ton, which is 13.03 percent higher than January 2011 price of US$ 112.40.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The February  HBA was 44.68 percent higher compared with a year earlier.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) 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 basis spot contract. (supply within 12 months).

Director General Mineral and Coal have declared today coal reference price for February  2011.  The declared HBA was at US$ 127.05 per ton FOB vessel up by US$ 14.65 per ton or 13.03 percent compared with January  2011 Coal reference price.

January 2011 coal reference price was at US$ 112.40  per ton.

The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) since February 2010. The lowest HBA was declared in April last year at US$ 86.50.

Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.

For term sales of  above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.

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

The coal reference price, 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 reference price.(cs)



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

Recent News

Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...


Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...


Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...


Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...


Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...


   1085 1086 1087 1088 1089   
Showing 5431 to 5435 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 ...

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