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, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...


Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...


Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...


Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...


Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...


   1176 1177 1178 1179 1180   
Showing 5886 to 5890 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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