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, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 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 ...

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