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, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.02 per ton, which was 0.33 percent lesser than March 2011 price of US$ 122.43.

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 April HBA was 41.06  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  and applicable for spot contract, delivery within 1 - 30 April 2011. Any deliver of cargo after 30 April, must be used May 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for April  2011. The declared HBA was at US$ 122.02 per ton FOB vessel a marginal drop of US$ 0.41 per ton or down 0.33 percent compared with March 2011 Coal reference price. Government has taken around eighteen days to release April HBA and also done some significant changes in formulas to determine coal prices for Indonesian coals.

March 2011 coal reference price was at US$ 122.43  per ton.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the second continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 53 coal types with a quality similar to the coal price markers.

For sales in the barge, the reference price is reduced by barging and transshipment costs from the barge to the 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 prices since Feb 2010.(cs)



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

Recent News

Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...


Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...


Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...


Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...


Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...


   1053 1054 1055 1056 1057   
Showing 5271 to 5275 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
  • GB Group - China
  • Berau Coal - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • bp singapore
  • SUEK AG - Indonesia
  • Petrosea - Indonesia
  • Borneo Indobara - Indonesia
  • Peabody Energy - USA
  • Maharashtra Electricity Regulatory Commission - India
  • Jatenergy - Australia
  • Runge Indonesia
  • Barclays Capital - USA
  • Global Business Power Corporation, Philippines
  • Kobexindo Tractors - Indoneisa
  • Antam Resourcindo - Indonesia
  • VISA Power Limited - India
  • GVK Power & Infra Limited - India
  • Sakthi Sugars Limited - India
  • IOL Indonesia
  • CNBM International Corporation - China
  • Meralco Power Generation, Philippines
  • Orica Mining Services - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Kumho Petrochemical, South Korea
  • Mitsui
  • Asian Development Bank
  • JPower - Japan
  • TGV SRAAC LIMITED, India
  • Total Coal South Africa
  • Core Mineral Indonesia
  • Metalloyd Limited - United Kingdom
  • Madhucon Powers Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Idemitsu - Japan
  • Independent Power Producers Association of India
  • Karaikal Port Pvt Ltd - India
  • Mjunction Services Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Indian School of Mines
  • PLN Batubara - Indonesia
  • Petron Corporation, Philippines
  • Clarksons - UK
  • Lanco Infratech Ltd - India
  • Thailand Anthracite
  • Mercuria Energy - Indonesia
  • Deloitte Consulting - India
  • Krishnapatnam Port Company Ltd. - India
  • Africa Commodities Group - South Africa
  • TeaM Sual Corporation - Philippines
  • Pinang Coal Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • SRK Consulting
  • Maruti Cements - India
  • ANZ Bank - Australia
  • EMO - The Netherlands
  • Thomson Reuters GRC
  • TRAFIGURA, South Korea
  • Essar Steel Hazira Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • The State Trading Corporation of India Ltd
  • Bulk Trading Sa - Switzerland
  • Uttam Galva Steels Limited - India
  • Central Java Power - Indonesia
  • Geoservices-GeoAssay Lab
  • Tata Power - India
  • UBS Singapore
  • Manunggal Multi Energi - Indonesia
  • BNP Paribas - Singapore
  • Siam City Cement - Thailand
  • Barasentosa Lestari - Indonesia
  • Sical Logistics Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CIMB Investment Bank - Malaysia
  • McConnell Dowell - Australia
  • Port Waratah Coal Services - Australia
  • Argus Media - Singapore
  • Medco Energi Mining Internasional
  • Power Finance Corporation Ltd., India
  • Eastern Coal Council - USA
  • Australian Coal Association
  • Enel Italy
  • Semirara Mining Corp, Philippines
  • Cardiff University - UK
  • Tanito Harum - Indonesia
  • ETA - Dubai
  • IMC Shipping - Singapore
  • DBS Bank - Singapore
  • Commonwealth Bank - Australia
  • Meenaskhi Energy Private Limited - India
  • ICICI Bank Limited - India
  • Inco-Indonesia
  • Toyota Tsusho Corporation, Japan
  • Trasteel International SA, Italy
  • Indonesian Coal Mining Association
  • Sojitz Corporation - Japan
  • Billiton Holdings Pty Ltd - Australia
  • Rudhra Energy - India
  • Jaiprakash Power Ventures ltd
  • Energy Link Ltd, New Zealand
  • Aditya Birla Group - India
  • Cigading International Bulk Terminal - Indonesia
  • Eastern Energy - Thailand
  • Bhushan Steel Limited - India
  • San Jose City I Power Corp, Philippines
  • Mitsubishi Corporation
  • LBH Netherlands Bv - Netherlands
  • Wilmar Investment Holdings
  • Riau Bara Harum - Indonesia
  • Price Waterhouse Coopers - Russia
  • Holcim Trading Pte Ltd - Singapore
  • Shenhua Group - China
  • Maheswari Brothers Coal Limited - India
  • Mechel - Russia
  • TNPL - India
  • Vijayanagar Sugar Pvt Ltd - India
  • KPMG - USA
  • WorleyParsons
  • Electricity Generating Authority of Thailand
  • Kepco SPC Power Corporation, Philippines
  • SASOL - South Africa
  • Gupta Coal India Ltd
  • White Energy Company Limited
  • Straits Asia Resources Limited - Singapore
  • India Bulls Power Limited - India
  • Bangladesh Power Developement Board
  • Makarim & Taira - Indonesia
  • Mercator Lines Limited - India
  • Therma Luzon, Inc, Philippines
  • Arutmin Indonesia
  • Australian Commodity Traders Exchange
  • Tata Chemicals Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • HSBC - Hong Kong
  • Star Paper Mills Limited - India
  • Renaissance Capital - South Africa
  • Ince & co LLP
  • Thriveni
  • Oldendorff Carriers - Singapore
  • The Treasury - Australian Government
  • Coeclerici Indonesia
  • Formosa Plastics Group - Taiwan
  • MS Steel International - UAE
  • IBC Asia (S) Pte Ltd
  • Salva Resources Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Grasim Industreis Ltd - India
  • J M Baxi & Co - India
  • Chettinad Cement Corporation Ltd - India
  • Russian Coal LLC
  • Simpson Spence & Young - Indonesia
  • Credit Suisse - India
  • Indian Energy Exchange, India
  • Cemex - Philippines
  • Thiess Contractors Indonesia
  • UOB Asia (HK) Ltd
  • Cement Manufacturers Association - India
  • Cebu Energy, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • GAC Shipping (India) Pvt Ltd
  • European Bulk Services B.V. - Netherlands
  • Indogreen Group - Indonesia
  • Rio Tinto Coal - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • Videocon Industries ltd - India
  • Coal Orbis AG
  • Iligan Light & Power Inc, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Thermax Limited - India
  • London Commodity Brokers - England
  • NALCO India
  • Asia Cement - Taiwan
  • Panama Canal Authority
  • Gresik Semen - Indonesia
  • Altura Mining Limited, Indonesia
  • GMR Energy Limited - India
  • Bank of America
  • Kaltim Prima Coal - Indonesia
  • Chamber of Mines of South Africa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bhatia International Limited - India
  • Heidelberg Cement - Germany
  • Carbofer General Trading SA - India
  • PowerSource Philippines DevCo
  • SMG Consultants - Indonesia
  • Adani Power Ltd - India
  • Arch Coal - USA
  • AsiaOL BioFuels Corp., Philippines
  • Savvy Resources Ltd - HongKong
  • RBS Sempra - UK
  • Ind-Barath Power Infra Limited - India
  • SMC Global Power, Philippines
  • Ministry of Mines - Canada
  • Larsen & Toubro Limited - India
  • Economic Council, Georgia
  • IEA Clean Coal Centre - UK
  • Coal India Limited
  • Electricity Authority, New Zealand
  • Platou - Singapore
  • Attock Cement Pakistan Limited
  • Directorate Of Revenue Intelligence - India
  • Romanian Commodities Exchange
  • Qatrana Cement - Jordan
  • ASAPP Information Group - India
  • MEC Coal - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • New Zealand Coal & Carbon
  • Global Coal Blending Company Limited - Australia
  • Marubeni Corporation - India
  • Maybank - Singapore
  • CESC Limited - India
  • Minerals Council of Australia
  • Merrill Lynch Bank
  • Sindya Power Generating Company Private Ltd
  • BRS Brokers - Singapore
  • Moodys - Singapore
  • U S Energy Resources
  • Kobe Steel Ltd - Japan
  • Sucofindo - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Merrill Lynch Commodities Europe
  • Indo Tambangraya Megah - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Kideco Jaya Agung - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • GNFC Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Parliament of New Zealand
  • Platts
  • Georgia Ports Authority, United States
  • Vitol - Bahrain
  • Bangkok Bank PCL
  • Rashtriya Ispat Nigam Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Goldman Sachs - Singapore
  • Surastha Cement
  • TANGEDCO India
  • Cosco
  • Miang Besar Coal Terminal - Indonesia
  • Baramulti Group, Indonesia
  • Indorama - Singapore
  • Binh Thuan Hamico - Vietnam
  • Siam City Cement PLC, Thailand
  • Anglo American - United Kingdom
  • World Coal - UK
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Dalmia Cement Bharat India
  • Lafarge - France
  • Noble Europe Ltd - UK
  • ACC Limited - India
  • Bayan Resources Tbk. - Indonesia
  • The University of Queensland
  • Kapuas Tunggal Persada - Indonesia
  • Glencore India Pvt. Ltd
  • Alfred C Toepfer International GmbH - Germany
  • JPMorgan - India
  • Freeport Indonesia
  • Posco Energy - South Korea
  • Ambuja Cements Ltd - India
  • Wood Mackenzie - Singapore
  • globalCOAL - UK
  • Banpu Public Company Limited - Thailand
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Infraline Energy - India
  • The India Cements Ltd
  • Permata Bank - Indonesia
  • Maersk Broker
  • Global Green Power PLC Corporation, Philippines
  • Mintek Dendrill Indonesia
  • Bhoruka Overseas - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Indian Oil Corporation Limited
  • PLN - Indonesia
  • Adaro Indonesia
  • Ministry of Finance - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • IHS Mccloskey Coal Group - USA
  • Coaltrans Conferences
  • Bukit Makmur.PT - Indonesia
  • Fearnleys - India
  • SGS (Thailand) Limited
  • Bukit Baiduri Energy - Indonesia
  • Malabar Cements Ltd - India
  • Edison Trading Spa - Italy
  • Jindal Steel & Power Ltd - India
  • Orica Australia Pty. Ltd.
  • Japan Coal Energy Center
  • ING Bank NV - Singapore
  • Ministry of Transport, Egypt
  • Indonesia Power. PT
  • NTPC Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • KPCL - India
  • Parry Sugars Refinery, India
  • Agrawal Coal Company - India
  • Samsung - South Korea
  • Mitra SK Pvt Ltd - India
  • Central Electricity Authority - India
  • Standard Chartered Bank - UAE
  • TNB Fuel Sdn Bhd - Malaysia
  • Reliance Power - India
  • Inspectorate - India
  • Coalindo Energy - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Gujarat Sidhee Cement - India
  • Kartika Selabumi Mining - Indonesia
  • Thai Mozambique Logistica
  • Britmindo - Indonesia
  • South Luzon Thermal Energy Corporation
  • APGENCO India
  • EIA - United States
  • PNOC Exploration Corporation - Philippines
  • Coastal Gujarat Power Limited - India
  • Humpuss - Indonesia
  • PetroVietnam
  • World Bank
  • Bharathi Cement Corporation - India
  • Bank of China, Malaysia
  • Shree Cement - India
  • PetroVietnam Power Coal Import and Supply Company
  • Malco - India
  • Planning Commission, India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Tamil Nadu electricity Board
  • Deutsche Bank - India
  • Sree Jayajothi Cements Limited - India
  • McKinsey & Co - India
  • KOWEPO - South Korea
  • Globalindo Alam Lestari - Indonesia
  • Indika Energy - Indonesia
  • CoalTek, United States
  • Singapore Mercantile Exchange
  • Coal and Oil Company - UAE
  • Interocean Group of Companies - India
  • PTC India Limited - India
  • CCIC - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Samtan Co., Ltd - South Korea
  • KEPCO - South Korea
  • Xstrata Coal
  • GHCL Limited - India
  • OCBC - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Vizag Seaport Private Limited - India
  • Intertek Mineral Services - Indonesia
  • Cargill India Pvt Ltd
  • Energy Development Corp, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Latin American Coal - Colombia
  • Vale Mozambique