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

Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...


Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...


Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax. However it was interesting to ...


Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...


Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...


   1192 1193 1194 1195 1196   
Showing 5966 to 5970 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 ...

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