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, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...


Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia Challenger Deep Resources Corp.ha ...


Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...


Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...


Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...


   1063 1064 1065 1066 1067   
Showing 5321 to 5325 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 ...

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