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, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...


Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...


Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...


Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...


Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI. The BDI closed at 1, ...


   1038 1039 1040 1041 1042   
Showing 5196 to 5200 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 ...

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