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

Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving ...


Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia P ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 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 ...

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