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

Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...


Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...


Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports.  "Pakistan's tota ...


Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...


Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...


   1127 1128 1129 1130 1131   
Showing 5641 to 5645 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 ...

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