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

Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...


Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...


Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...


Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


   1180 1181 1182 1183 1184   
Showing 5906 to 5910 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 ...

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