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, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...


Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...


Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...


Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...


   1046 1047 1048 1049 1050   
Showing 5236 to 5240 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 ...

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