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

Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...


Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...


Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...


Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore. Howeve ...


Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...


   1064 1065 1066 1067 1068   
Showing 5326 to 5330 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 ...

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