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, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...


Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...


Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...


Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...


Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


   1098 1099 1100 1101 1102   
Showing 5496 to 5500 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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