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, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 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 ...

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