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 : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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