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
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON


COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.43 per ton, which is 3.63 percent lesser than February 2011 price of US$ 127.05.

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 March HBA was 41.30 percent higher Y-o-Y.

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 yesterday coal reference price for March 2011 and also Introduced two new coal brands.  The declared HBA was at US$ 122.43 per ton FOB vessel drops by US$ 4.62 per ton or 3.63 percent compared with February 2011 Coal reference price.


February 2011 coal reference price was at US$ 127.05  per ton.

The declared ICPR in this month is dropped by US$ 4.62 per mt and first dropped in last five months.

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 53 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) (updated 09/03/11 19:03)



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

Recent News

Friday, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...


Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...


Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...


Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...


Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...


   1047 1048 1049 1050 1051   
Showing 5241 to 5245 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 ...

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