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, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

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 May HBA was 27.73  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 between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third 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 52 coal types with a quality similar to the coal price markers.

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



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

Recent News

Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...


Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...


Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...


Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said. Due to Ram ...


Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...


   1019 1020 1021 1022 1023   
Showing 5101 to 5105 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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