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, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...


Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...


Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...


Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...


Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...


   1068 1069 1070 1071 1072   
Showing 5346 to 5350 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 ...

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