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, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...


Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...


Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...


Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...


Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct. Overall the market seems to be ...


   1100 1101 1102 1103 1104   
Showing 5506 to 5510 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 ...

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