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

Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...


Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...


Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...


Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...


Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A  joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...


   1197 1198 1199 1200 1201   
Showing 5991 to 5995 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 ...

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