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, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...


Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...


Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...


Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages. ...


Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...


   1213 1214 1215 1216 1217   
Showing 6071 to 6075 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 ...

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