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 : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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