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

Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...


Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...


Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...


Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...


Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...


   1149 1150 1151 1152 1153   
Showing 5751 to 5755 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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