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

Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...


Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...


Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...


Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...


Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...


   1054 1055 1056 1057 1058   
Showing 5276 to 5280 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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