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

Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...


Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia. Minister Pa ...


Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...


Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...


Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...


   1083 1084 1085 1086 1087   
Showing 5421 to 5425 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 ...

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