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

Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...


Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...


Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct . The other sectors Pan ...


Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly  reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...


Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy Atlantic  markets  remain  firm.  Supramaxes  open  in  USG  are  now  achieving low/mid&n ...


   1169 1170 1171 1172 1173   
Showing 5851 to 5855 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 ...

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