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

Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role. The National reported that, Dubai's utility company wil ...


Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...


Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...


Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...


Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...


   1086 1087 1088 1089 1090   
Showing 5436 to 5440 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 ...

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