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, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...


Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...


Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...


Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...


Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...


   1070 1071 1072 1073 1074   
Showing 5356 to 5360 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 ...

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