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

Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...


Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...


Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...


Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
  COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...


Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...


   1028 1029 1030 1031 1032   
Showing 5146 to 5150 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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