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, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...


Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...


Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...


Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...


Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...


   1130 1131 1132 1133 1134   
Showing 5656 to 5660 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 ...

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