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 : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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