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

Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 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 ...

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