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, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...


Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...


Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...


Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...


Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...


   1023 1024 1025 1026 1027   
Showing 5121 to 5125 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 ...

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