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, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program. ...


Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...


Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...


Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...


Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


   1195 1196 1197 1198 1199   
Showing 5981 to 5985 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 ...

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