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

Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...


Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...


Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...


Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...


Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...


   1037 1038 1039 1040 1041   
Showing 5191 to 5195 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 ...

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