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, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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