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

Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...


Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...


Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...


Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010. GR 23/2010 has issued to sup ...


Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...


   1039 1040 1041 1042 1043   
Showing 5201 to 5205 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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