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, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for  40,000 metric tons of non-coking coal of Indonesian o ...


Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...


Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...


Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...


Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...


   1080 1081 1082 1083 1084   
Showing 5406 to 5410 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 ...

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