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

Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 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 ...

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