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, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...


Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...


Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...


Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...


Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site,  Challenger Deep Res ...


   1110 1111 1112 1113 1114   
Showing 5556 to 5560 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 ...

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