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

Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...


Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...


Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...


Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy Activity continues to be solid in the Atlantic. Supramax  physical  market is strong which pushed the BSI to a 17 month high at ...


Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...


   1185 1186 1187 1188 1189   
Showing 5931 to 5935 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 ...

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